tiprankstipranks
Company Announcements

Vibropower Corporation Faces Mandatory Conditional Cash Offer

Story Highlights
Vibropower Corporation Faces Mandatory Conditional Cash Offer

Discover the Best Stocks and Maximize Your Portfolio:

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

Vibropower Corporation Limited has announced a mandatory conditional cash offer initiated by Mr. Benedict Chen Onn Meng, targeting all issued and paid-up ordinary shares of the company, excluding those already owned or agreed to be acquired by the Offeror. This move signifies a significant step in the company’s strategic operations, indicating a potential shift in control and ownership structure, which could have notable implications for the company’s market positioning and its stakeholders.

More about Vibropower Corporation Limited

YTD Price Performance: -5.00%

Average Trading Volume: 40,763

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$1.4M

See more data about BJD stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1