Hanwha’s offer for Dyna-Mac shouldn’t be compared to past non-privatisation deals

Hanwha’s offer for Dyna-Mac shouldn’t be compared to past non-privatisation deals

October 31, 2024 / Sarkiya Ranen /


THERE have been two important developments since Hanwha Ocean SG’s offer for Dyna-Mac was spotlighted by this column three weeks ago.

On Oct 14, the offeror – a special-purpose vehicle controlled by Hanwha Ocean and Hanwha Aerospace – increased the offer price from S$0.60 per share to S$0.67 per share.

The offeror said that this new offer price exceeds all closing prices for Dyna-Mac for the last 10 years, and that there would be no further revisions.



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Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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