Vibropower Corporation Faces Buyout Offer by Key Investor

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

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Vibropower Corporation Limited is the subject of a mandatory conditional cash offer led by Mr. Benedict Chen Onn Meng, targeting all issued and paid-up ordinary shares and warrants not already owned or controlled by him. The offer aims to consolidate control over Vibropower, with the process now set to proceed following the offer becoming unconditional. This move could significantly impact the company’s stock dynamics, making it a point of interest for investors.

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

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