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Broadway Industrial Group
Company in the news
Broadway Industrial Group shares jump after arbitration claims in China rejected
Broadway maintains the results of the arbitration has no material impact on both its FY2023 and FY2024
January 03, 2024
Company in the news
Broadway Industrial proposes disposal of subsidiary BIGL Beijing
The company has entered into a share purchase agreement with Beijing PiLuoYu Medical Technology for a consideration of $100,000.
December 19, 2023
Insider moves
Broadway Industrial's chairman Lew raises stake; OUE in steady buybacks
Broadway has started making inroads in its new business segment
November 30, 2023
Company in the news
Individuals jailed for insider trading in the shares of Broadway Industrial Group and other offences
All three parties have since paid their share of profits to the state.
April 14, 2023
Results
Broadway Industrial Group reports 4.7% lower earnings of $7.5 mil in the 1HFY2022
The group’s net asset value (NAV) per share increased by 5.8% q-o-q to 20.05 cents as at June 30.
August 10, 2022
Covid-19
Broadway Industrial Group suspends Shenzhen operations; suspension not expected to have material impact
The group’s manufacturing operations in Thailand, Wuxi and Chongqing remain fully operational.
March 16, 2022
Results
Broadway Industrial’s FY2021 earnings and revenue reach five-year high; declares dividend of 1.0 cent per share
The dividend of 1.0 cent comprises a final ordinary dividend of 0.5 cent, as well as a special dividend of 0.5 cent per share.
February 17, 2022
Global Economy
Briefs: Economists’ GDP forecasts unchanged; former Broadway Industrial Group CFO charged for insider trading
Former Broadway Industrial Group CFO Tan Chee Keong was charged in court on July 22 for insider trading.
July 22, 2021
Company in the news
Former Broadway Industrial Group CFO charged for insider trading
Two other individuals were charged as well.
July 22, 2021
Deals, joint ventures & alliances
Broadway Industrial calls off deal to sell hard disk drive business
Broadway Industrial has signed an SPA in Dec 2020 for the disposal of its HDD business for US$50 mil.
July 01, 2021