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Broadway Industrial still in talks with buyer for hard disk business

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Vivienne Tay

Vivienne Tay

Published Mon, Nov 23, 2020 · 09:50 PM

Singapore

BROADWAY Industrial Group is still negotiating with a potential buyer of its hard disk drive business, after receiving a draft binding letter of intent from the potential buyer on Nov 17, it said in a bourse filing late on Sunday.

It was this letter of intent from an undisclosed buyer that led Broadway to halt trading of its shares the next day, on Nov 18.

broadway industrialElectronics

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