Vibropower Corporation Limited (SG:BJD) has released an update.
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Vibropower Corporation Limited is the target 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 offer includes the acquisition of newly issued shares through the exercise of outstanding warrants before the offer closes, signaling a significant potential change in the company’s shareholding structure. The offer has now become unconditional, moving towards completion.
For further insights into SG:BJD stock, check out TipRanks’ Stock Analysis page.