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Vibropower Corporation Faces Cash Offer from Key Investor

Vibropower Corporation Faces Cash Offer from Key Investor

Vibropower Corporation Limited (SG:BJD) has released an update.

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Benedict Chen Onn Meng has launched a mandatory conditional cash offer to acquire all issued ordinary shares of Vibropower Corporation Limited, excluding those already owned by him. The offer also extends to new shares from exercised warrants and all warrants not held by the Offeror. This move could significantly impact Vibropower’s stock, presenting a notable opportunity for investors.

For further insights into SG:BJD stock, check out TipRanks’ Stock Analysis page.

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