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Hai Leck Holdings Limited has announced a proposed acquisition by Cheng Investment Management Pte. Ltd. for all its issued ordinary shares, excluding shares held by certain stakeholders, through a scheme of arrangement. This acquisition values eligible shares at S$0.55 each, aiming to consolidate ownership and potentially streamline operations. The company, a key player in the oil, gas, and petrochemical industries, offers various maintenance and project services in Singapore and Thailand.

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