broadway industrial

Offer for Broadway Industrial Group turns unconditional

The closing date of the offer from Patec Group is now 5.30 pm on Dec 23

All profits the trio made from the trading and the sharing of insider information have been paid in full to the state, says the Monetary Authority of Singapore in a statement on Friday (Apr 14).

Two individuals convicted of insider trading in shares of Broadway Industrial Group

TAY Yew Khem and Hui Choy Leng have been convicted of insider trading in the shares of mainboard-listed Broadway Industrial Group, among other offences.

Tan had been privy to insider information when Broadway was in discussions with Platinum Equity Advisors between March and August 2016 to sell 2 of its businesses.

Former Broadway Industrial Group CFO Tan Chee Keong jailed for insider trading

TAN Chee Keong, the former chief financial officer of mainboard-listed Broadway Industrial Group, has been convicted and sentenced to 3 months and 2 weeks’ imprisonment for insider trading and acquiri...

Two companies that the Broadway had planned to sell its manufacturing business to have initiated arbitration after the deal fell through in July last year.
STOCK ANALYSIS

Hard disk parts maker Broadway appears cheap, but faces risks from legal dispute

SHARES of mainboard-listed Broadway Industrial Group have gained in recent months in spite of a scuppered deal, possibly thanks to decent growth. But investors should be aware that the company's cash ...

Three charged with insider trading of Broadway Industrial shares

Three charged with insider trading of Broadway Industrial shares

THREE people were charged on Thursday with several counts of contraventions under the Securities and Futures Act (SFA) and the Corruption, Drug Trafficking and Other Serious Crimes Act (CDSA).

Corporate digest

Corporate digest

BROADWAY Industrial Group intends to discuss with the potential buyer of its hard disk drive (HDD) business about the next steps to take for the proposed deal, which might include extending the June 3...

Corporate digest

Corporate digest

MAINBOARD-LISTED Broadway Industrial Group has inked a conditional sale and purchase agreement to sell its entire business of manufacturing actuator arms and related parts for US$50 million.

Broadway to sell entire manufacturing business for US$50m

Broadway to sell entire manufacturing business for US$50m

MAINBOARD-LISTED Broadway Industrial Group has inked a conditional sale and purchase agreement to sell its entire business of manufacturing actuator arms and related parts for US$50 million.

Broadway Ind surges 34% on US$50m offer for its hard disk business

Broadway Ind surges 34% on US$50m offer for its hard disk business

SHARES of Broadway Industrial hit a near 3.5-year high on Tuesday after the precision manufacturer announced it received a US$50 million offer for its hard disk business from the largest production ou...