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Ban Leong Technologies Cancels Final Dividend Amid Compulsory Acquisition

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Ban Leong Technologies Cancels Final Dividend Amid Compulsory Acquisition

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Ban Leong Technologies Limited ( (SG:B26) ) has provided an announcement.

Ban Leong Technologies Limited, a company incorporated in Singapore, has announced the withdrawal, rescission, and cancellation of its previously proposed final dividend for the financial year ended 31 March 2025. This decision comes amid the company’s ongoing compulsory acquisition process, which will result in its delisting from the Singapore Exchange. The cancellation of the final dividend will not affect the consideration amount payable to dissenting shareholders under the compulsory acquisition terms.

More about Ban Leong Technologies Limited

Average Trading Volume: 145,870

Technical Sentiment Signal: Buy

Current Market Cap: S$67.48M

Learn more about B26 stock on TipRanks’ Stock Analysis page.

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