Gaylin to acquire industry peer for S$48.6m
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Janice Heng
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Singapore
OIL and gas contractor Gaylin Holdings has entered into an agreement on July 7 to acquire industry peer Amos International Holdings for S$48.6 million in an all-shares deal, it announced in a regulatory filing on Monday morning.
As a major transaction and one which involves an "interested person", the proposed acquisition will require the approval of Gaylin shareholders.
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