Ossen innovation announces receipt of preliminary non-binding proposal to acquire the company

Ossen innovation announces receipt of a preliminary non-binding proposal to acquire the company.ossen innovation co - board received preliminary non-binding proposal letter from pujiang international group.ossen innovation - proposal to acquire all co's ordinary shares not owned by pujiang for $1.667 in cash per ordinary share, or $5.00 in cash per ads.ossen innovation co ltd - board intends to form a special committee consisting of independent directors to consider proposal.ossen innovation - board expects special committee will retain independent advisors, to assist it in proposal consideration.
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