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AVJennings Director Recuses Himself from Acquisition Discussions

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AVJennings Director Recuses Himself from Acquisition Discussions

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Avjennings Limited ( (AU:AVJ) ) just unveiled an announcement.

Bobby Chin, a director at AVJennings Limited and Ho Bee Land Limited, has recused himself from discussions regarding acquisition proposals by both AVID and HBL to acquire AVJennings. This decision is due to a conflict of interest, as Chin is also involved with HBL, which has a competing acquisition interest in AVJennings. His recusal aims to maintain impartiality and transparency in the evaluation of these acquisition proposals.

More about Avjennings Limited

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €96.74M

Find detailed analytics on AVJ stock on TipRanks’ Stock Analysis page.

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