Broadway Industrial Sends Electronic Circular on Exit Offer and Planned Delisting

Tip Ranks
2026.01.22 00:12
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Broadway Industrial Group Limited has issued an electronic circular to shareholders regarding a proposed exit offer through selective capital reduction and a planned delisting from the Singapore Exchange's Mainboard. The circular includes board recommendations and independent financial advice on the exit offer, provided in electronic form due to temporary measures in Singapore. Shareholders received notices for an extraordinary general meeting and options for printed copies, marking a step towards potential privatization.