Vibropower Corporation Limited (SG:BJD) has released an update.
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Vibropower Corporation Limited is facing a mandatory conditional cash offer from Mr. Benedict Chen Onn Meng to acquire all issued and paid-up ordinary shares, excluding treasury shares and those already owned by him. This development follows a series of announcements confirming the offer’s unconditional status, indicating a significant shift in the company’s shareholding structure. Investors are likely to watch closely as the completion of this offer could impact Vibropower’s market dynamics.
For further insights into SG:BJD stock, check out TipRanks’ Stock Analysis page.