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Ascent Bridge Limited Receives Conditional Offer from MTBL Global Holdings

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Ascent Bridge Limited Receives Conditional Offer from MTBL Global Holdings

Ascent Bridge Limited ( (SG:AWG) ) just unveiled an update.

Ascent Bridge Limited has received a proposal from MTBL Global Holdings Pte Ltd (MTBLGH) regarding a voluntary conditional general offer to acquire all issued and paid-up ordinary shares not already owned by MTBLGH at S$0.20 per share. This proposal is subject to certain conditions being met, and there is no certainty of the offer proceeding. The announcement advises shareholders to exercise caution and seek professional advice regarding their shares.

More about Ascent Bridge Limited

YTD Price Performance: 36.84%

Average Trading Volume: 21,756

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$27.17M

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

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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