Broadway Industrial Faces Unconditional Cash Offer

Broadway Industrial Group Limited (SG:B69) has released an update.

Broadway Industrial Group Limited is the target of a mandatory conditional cash offer by United Overseas Bank Limited on behalf of Patec Pte. Ltd. The offer, which aims to acquire all ordinary shares not already owned by the offeror, has been declared unconditional, with an extension on the closing date. This move could impact Broadway Industrial’s stock value, drawing attention from investors and stakeholders alike.

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