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UOB Announces Voluntary Offer for Amara Holdings Shares

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Amara Holdings Limited ( (SG:A34) ) has issued an update.

United Overseas Bank Limited, on behalf of DRC Investments Pte. Ltd., has announced a voluntary conditional general offer for all issued ordinary shares of Amara Holdings Limited, excluding treasury shares and those already owned or agreed to be acquired by the Offeror. The offer document and related instructions have been electronically disseminated to Amara’s shareholders, following the Securities Industry Council’s guidelines for electronic dispatch of takeover documents.

More about Amara Holdings Limited

Average Trading Volume: 63,152

Technical Sentiment Signal: Buy

Current Market Cap: S$508.8M

For an in-depth examination of A34 stock, go to TipRanks’ Stock Analysis page.

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