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Ascent Bridge Limited ( (SG:AWG) ) just unveiled an announcement.
Ascent Bridge Limited has announced a deferment in the reconstitution of its Board of Directors, initially planned following the resignation of Mr. Sun Quan from his roles as Director, Joint Chairman, and Joint Chief Executive Officer. This decision comes in light of a mandatory unconditional general offer by Montelion Global Holdings Pte Ltd to acquire all issued shares of the company, necessitating compliance with the Singapore Code on Take-overs and Mergers, which restricts board resignations during such offers.
More about Ascent Bridge Limited
Average Trading Volume: 669,432
Technical Sentiment Signal: Buy
Current Market Cap: S$73.14M
See more data about AWG stock on TipRanks’ Stock Analysis page.