Hanwha shouldn’t need a majority interest in Dyna-Mac to drive long-term shareholder value

Hanwha shouldn’t need a majority interest in Dyna-Mac to drive long-term shareholder value

October 9, 2024 / Riah Marton /


INVESTORS appear to be betting heavily that Hanwha Ocean SG will raise its offer price for Dyna-Mac.

Shares in the offshore and marine engineering company closed on Wednesday (Oct 9) at S$0.635.

This was 5.8 per cent above the current offer price of S$0.60, and 28.3 per cent above the stock’s last closing price before the offer was announced on Sep 11.

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Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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