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Completion of Cash Offer for Broadway Industrial Group by Patec Pte. Ltd.

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Completion of Cash Offer for Broadway Industrial Group by Patec Pte. Ltd.

Broadway Industrial Group Limited ( (SG:B69) ) has provided an announcement.

United Overseas Bank Limited, on behalf of Patec Pte. Ltd., has completed the mandatory unconditional cash offer to acquire all issued and paid-up ordinary shares of Broadway Industrial Group Limited, excluding those already owned or controlled by the Offeror. This acquisition marks a significant step in consolidating control over Broadway Industrial Group Limited, potentially impacting its market operations and stakeholder interests.

More about Broadway Industrial Group Limited

Broadway Industrial Group Limited is a company incorporated in Singapore, operating within the industrial sector. The company is involved in the production and distribution of various industrial components and products.

YTD Price Performance: 2.11%

Technical Sentiment Signal: Strong Sell

Current Market Cap: S$88.91M

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

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