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Forum Engineering Backs Tender Offer by KJ003 Co., Ltd.

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Forum Engineering Backs Tender Offer by KJ003 Co., Ltd.

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The latest update is out from Forum Engineering, Inc. ( (JP:7088) ).

Forum Engineering Inc. has announced that its board of directors has expressed support for a tender offer by KJ003 Co., Ltd. to acquire all of the company’s shares and share options, with plans to delist the company. This move is intended to make Forum Engineering a wholly-owned subsidiary of KJ003 Co., Ltd., which could significantly impact the company’s market positioning and shareholder value.

The most recent analyst rating on (JP:7088) stock is a Buy with a Yen1375.00 price target. To see the full list of analyst forecasts on Forum Engineering, Inc. stock, see the JP:7088 Stock Forecast page.

More about Forum Engineering, Inc.

Forum Engineering Inc. operates in the engineering industry, focusing on providing engineering services and solutions. The company is listed on the TSE Prime Market and is led by CEO Tsutomu Sato.

Average Trading Volume: 91,328

Technical Sentiment Signal: Buy

Current Market Cap: Yen66.81B

For an in-depth examination of 7088 stock, go to TipRanks’ Overview page.

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