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UOB Announces Unconditional Cash Offer for Broadway Industrial

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UOB Announces Unconditional Cash Offer for Broadway Industrial

Confident Investing Starts Here:

The latest update is out from Broadway Industrial Group Limited ( (SG:B69) ).

United Overseas Bank Limited, on behalf of Patec Pte. Ltd., has announced a mandatory unconditional cash offer to acquire all issued and paid-up ordinary shares of Broadway Industrial Group Limited. This move signifies a strategic step in consolidating ownership and control over the company, potentially impacting its market standing and operational strategy.

More about Broadway Industrial Group Limited

Broadway Industrial Group Limited operates in the industrial sector, focusing on manufacturing and distributing various industrial products. The company is incorporated in Singapore and is involved in the production and supply of essential industrial components.

YTD Price Performance: 2.11%

Average Trading Volume: 5,909,216

Technical Sentiment Consensus Rating: Sell

Current Market Cap: S$88.91M

See more insights into B69 stock on TipRanks’ Stock Analysis page.

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