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Broadway Industrial Group Faces Unconditional Cash Offer

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Broadway Industrial Group Faces Unconditional Cash Offer

Confident Investing Starts Here:

An update from Broadway Industrial Group Limited ( (SG:B69) ) is now available.

Broadway Industrial Group Limited is the subject of a mandatory unconditional cash offer by Patec Pte. Ltd., facilitated by United Overseas Bank Limited. This offer aims to acquire all issued and paid-up ordinary shares of the company not already owned by the offeror. The announcement indicates that the offer has become unconditional, suggesting a significant shift in the company’s ownership structure, which may impact its operations and market positioning.

More about Broadway Industrial Group Limited

YTD Price Performance: 2.11%

Average Trading Volume: 2,089,300

Technical Sentiment Consensus Rating: Sell

Current Market Cap: S$88.91M

For a thorough assessment of B69 stock, go to TipRanks’ Stock Analysis page.

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