Hanwha raises offer to $0.67 to acquire full control of Dyna-Mac Holdings

The offer is final.

Hanwha Ocean SG Holdings has raised its offer to $0.67 per share to acquire all shares it doesn't own yet in Dyna-Mac Holdings.

In an announcement, Hanwha said its offer is final and will not increase or revise it.

Hanwha said its final offer surpasses all closing prices of Dyna-Mac's shares in the past 10 years, including up to 10 September 2024.

The offer also presents a 584.4% premium over the Dyna-Mac's net asset value of 9.79 cents as of 30 June 2024, and more than 14 times the diluted earnings per share for the 12 months ending 30 June 2024.

The offer will be available for acceptance until 6 November, 5: 30 p.m.

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