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An announcement from Avjennings Limited ( (AU:AVJ) ) is now available.
AVJennings Limited, listed on the ASX, has received an unsolicited proposal from Ho Bee Land Limited to acquire all remaining shares at $0.70 per share, surpassing a prior proposal from AVID Property Group at $0.67 per share. Both proposals are non-binding and subject to various conditions, including due diligence and board approval. The AVJennings Board will review the new proposal and keep shareholders informed, although there is no assurance of a transaction occurring.
More about Avjennings Limited
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €96.74M
For an in-depth examination of AVJ stock, go to TipRanks’ Stock Analysis page.
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