The decision follows the completion of a voluntary unconditional cash offer by Hanwha Ocean SG on Nov 20. The company said that the compulsory acquisition of all shares not bought under Hanwha’s offer had been completed.
On Dec 16, former Dyna-Mac executive chairman and chief executive officer Lim Ah Cheng was removed from his position following a business review after the acquisition by Hanwha Ocean SG.
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