Broadway unveils disposal deal in response to SGX query on share movement

Published Mon, Aug 22, 2016 · 09:50 PM

    Singapore

    PRECISION components and foam plastics producer Broadway Industrial Group is planning to sell its foam plastics and flow control device businesses for S$150 million.

    The group has on Monday entered into a conditional sale and purchase agreement with Broadway Holdings III Ltd, an investment vehicle wholly owned by US private equity firm Platinum Equity.