Completion of Mandatory Cash Offer for Vibropower Corporation

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2025.01.09 14:12
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Vibropower Corporation Limited has completed a mandatory 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 closed on January 9, 2025, marking the end of the acquisition process and significantly impacting the company's shareholding structure. The company's current market cap is S$1.4M, with a year-to-date price performance of -5.00% and an average trading volume of 44,820. The technical sentiment consensus rating is 'Buy'.