Vibropower Corporation Faces Mandatory Cash Offer

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

Vibropower Corporation Limited is the target of a mandatory conditional cash offer by Benedict Chen Onn Meng to acquire all of the company’s issued and paid-up ordinary shares, excluding those already owned by him. The offer extends to shares issued from exercised warrants and all other outstanding warrants. With the offer now unconditional, investors are keenly observing how this strategic move will impact the company’s stock value and market position.

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