Vibropower Corporation Limited (SG:BJD) has released an update.
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VibroPower Corporation Limited has announced a mandatory conditional cash offer for all of its issued and paid-up ordinary shares, excluding treasury shares and those already owned by the offeror, Mr. Benedict Chen Onn Meng. The company has opted for electronic distribution of the offer documents through SGXNet and its website, providing shareholders and warrantholders with the necessary forms to accept the offer. SAC Capital Private Limited is serving as the independent financial adviser to guide the board’s recommendation on this offer.
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