- Aalberts Advanced Mechatronics B.V. (the offeror) has proposed to acquire Grand Venture Technology (SGX:JLB) at S$0.94 in cash per share. The offer price represents an 11.9% premium over the last price before the release of the holding announcement on 1 June 2025, and is higher than the closing share price of the shares in the past three years but is slightly below the last close Grand Venture's share price of S$0.955 on 9 July 2025.
- - Read this at SGinvestors.io -
Who is the offeror?
- Aalberts Advanced Mechatronics B.V. is a company incorporated in the Netherlands and is part of the semiconductor business segment of the Aalberts N.V. group, with key expertise in precision frames and modules, machine conditioning and mechatronics technologies. Its principal activities are to engineer leading-edge, tailor-made technologies together with semiconductor original equipment manufacturers (OEMs), helping its high-tech customers address their technology roadmap and manufacturing challenges from concept design to series production.
- - Read this at SGinvestors.io -
Entry to Southeast Asia semiconductor market.
- Read more at SGinvestors.io.
