- Dyna-Mac (SGX:NO4)’s substantial shareholder Keppel (SGX:BN4) has sold its entire stake (23.9%) in Dyna-Mac to Hanwha Aerospace and Ocean for S$100m or S$0.40/share, a 10% premium to the closing price on Friday.
- - Read this at SGinvestors.io -
Potential key synergies could benefit Dyna-Mac
- Hanhwa Ocean is one of the largest shipbuilders in South Korea. It aims to build a green energy value chain and could create more direct synergies with Dyna-Mac.
- - Read this at SGinvestors.io -
- Hanwha Ocean’s investment also represents firm confirmation by one of the industry’s largest players of Dyna-Mac’s value and potential.
Orderbook doubles to S$896m
- Read more at SGinvestors.io.
Above is the excerpt from report by Maybank Research.
Clients of Maybank Securities may be the first to access the full report in PDF @ https://www.maybanktrade.com.sg/.
Jarick Seet Maybank Research | https://www.maybank-ke.com.sg/ 2024-05-13
Read also Maybank's most recent report:
2024-09-12 Dyna-Mac - Offer Of S$0.60 Per Share ~ Better To Wait & See.
Previous report by Maybank:
2024-07-19 Dyna-Mac - Upcycle Margin Expansion.
Price targets by 2 other brokers at Dyna-Mac Target Prices.
Listing of research reports at Dyna-Mac Analyst Reports.
Relevant links:
Dyna-Mac Share Price History,
Dyna-Mac Announcements,
Dyna-Mac Dividends & Corporate Actions,
Dyna-Mac News Articles
