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 launched a mandatory unconditional cash offer to acquire all outstanding shares of Broadway Industrial Group Limited not already owned by the Offeror. The offer will not see an increase in price or an extension of the closing date, making it a decisive move for investors interested in the company’s stock. With the offer becoming unconditional, shareholders are urged to consider their options promptly.
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