Broadway Industrial Group Limited (SG:B69) has released an update.
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United Overseas Bank Limited, on behalf of Patec Pte. Ltd., has closed its mandatory unconditional cash offer to acquire all ordinary shares of Broadway Industrial Group Limited, except those already owned by the Offeror. This strategic move marks a significant development in the company’s acquisition plans, reflecting a robust interest in Broadway Industrial’s market potential.
For further insights into SG:B69 stock, check out TipRanks’ Stock Analysis page.
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