Broadway Industrial Group

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.

Former Broadway Industrial Group CFO Tan Chee Keong was charged in court on July 22 for insider trading.

Two other individuals were charged as well.

Broadway Industrial has signed an SPA in Dec 2020 for the disposal of its HDD business for US$50 mil.

SGX RegCo notes that this is second query issued to Broadway Industrial in the past four months.

SINGAPORE (Dec 17): Broadway Industrial Group, the manufacturer of actuator arms for hard disk drives, has been issued with a query from the Singapore Exchange Regulation (SGX RegCo) after its share price surged 48.4% on Tuesday. 

SINGAPORE (May 2): Broadway Industrial Group, the manufacturer of actuator arms for hard disk drives, saw 2Q earnings more than trebled to $588,000 from $160,000 a year ago on higher sales and lower expenses.

SINGAPORE (Jan 10): After disposing of two out of three of its main businesses, Broadway Industrial Group looks to continue to explore new opportunities to further unlock shareholder’ value, according to CIMB Research.

SINGAPORE (Nov 8): Broadway Industrial Group has swung back into the black in 3Q17 on higher revenue and lower expenses from cost-cutting initiatives.

SINGAPORE (Aug 8): Broadway Industrial Group, the precision components and form plastics producer, made a loss of $477,000 in 2Q17 compared to earnings of $215,000 in 2Q16.