Broadway Industrial Group

Broadway Industrial Group’s freezing order lifte - THE EDGE SINGAPORE

Company in the news

Broadway Industrial Group’s freezing order lifted

Shares in Broadway closed at 10.8 cents on March 12.

Results

Broadway Industrial posts FY2023 earnings of $3.1 mil after 2HFY2023 turnaround

The group recorded a 2HFY2023 earnings turnaround of $4.3 million after a $1.2 million loss in 1HFY2023.

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
Broadway Industrial proposes disposal of subsidiary BIGL Beijing - THE EDGE SINGAPORE

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.
Broadway Industrial's chairman Lew raises stake; OUE in steady buybacks - THE EDGE SINGAPORE

Insider moves

Broadway Industrial's chairman Lew raises stake; OUE in steady buybacks

Broadway has started making inroads in its new business segment

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.

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.
Broadway Industrial Group suspends Shenzhen operations; suspension not expected to have material impact - THE EDGE SINGAPORE

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.
Broadway Industrial’s FY2021 earnings and revenue reach five-year high; declares dividend of 1.0 cent per share - THE EDGE SINGAPORE

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.

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.
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