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Vibropower Corporation Faces Mandatory Cash Offer

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Vibropower Corporation Faces Mandatory Cash Offer

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Vibropower Corporation Limited ( (SG:BJD) ) has shared an announcement.

Vibropower Corporation Limited is the subject of a mandatory conditional cash offer by Mr. Benedict Chen Onn Meng, who aims to acquire all issued and paid-up ordinary shares, excluding treasury shares and those he already owns or controls. This move, following the offer announcement and subsequent documents, indicates a strategic acquisition approach by the offeror, potentially impacting the company’s shareholder structure and market position.

More about Vibropower Corporation Limited

Vibropower Corporation Limited is a company incorporated in the Republic of Singapore.

YTD Price Performance: -5.00%

Average Trading Volume: 37,941

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$1.4M

For a thorough assessment of BJD stock, go to TipRanks’ Stock Analysis page.

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