Vibropower Corp Faces Mandatory Cash Offer Shake-Up

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2025.01.03 14:42
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Vibropower Corporation Limited (SG:BJD) is undergoing a mandatory cash offer from Mr. Benedict Chen Onn Meng to acquire all issued ordinary shares, excluding treasury shares and those he already owns. This follows announcements confirming the offer's unconditional status, indicating a major shift in the company's shareholding structure. Investors are closely monitoring this development as it may affect Vibropower's market dynamics.