Completion of Mandatory Cash Offer for Vibropower Corporation

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

Vibropower Corporation Limited, a company based in Singapore, was subject to a mandatory conditional cash offer by Mr. Benedict Chen Onn Meng to acquire all issued and paid-up ordinary shares, excluding those already held by the Offeror. The offer, which included the acquisition of shares through exercised warrants, has officially closed as of January 9, 2025. This marks the completion of the acquisition process, effectively closing the window for any further acceptance of the offer, impacting the company’s shareholding structure significantly.

More about Vibropower Corporation Limited

YTD Price Performance: -5.00%

Average Trading Volume: 44,820

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$1.4M

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