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Vibropower Corporation Faces Unconditional Cash Offer

Vibropower Corporation Limited (SG:BJD) has released an update.

Benedict Chen Onn Meng has announced a mandatory conditional cash offer to acquire all issued ordinary shares of Vibropower Corporation Limited, excluding treasury shares and those already owned by him. The offer has been declared unconditional, with valid acceptances received amounting to a significant holding in the company. Investors should note that there will be no extension of the closing date for this offer.

For further insights into SG:BJD stock, check out TipRanks’ Stock Analysis page.

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