SUBSCRIBERS

Broadway shares jump 24.5% in intra-day trading on proposal to sell hard disk business

Precision manufacturer's shares jump to intra-day high of 12.2 Singapore cents before closing at 11.6 Singapore cents

Vivienne Tay
Published Fri, May 29, 2020 · 09:50 PM

Singapore

SHARES of Broadway Industrial Group surged 24.5 per cent on Friday after the company announced it has taken another step in its plan to dispose of its hard disk drive business.

The precision manufacturer's shares jumped to an intra-day high of 12.2 Singapore cents at 1.06pm, 2.4 cents or 24.5 per cent higher than Thursday…

A NEWSLETTER FOR YOU
Friday, 2 pm
Lifestyle

Our picks of the latest dining, travel and leisure options to treat yourself.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here