Patec Precision Industry Closes About SG$84 Million Acquisition of Broadway Industrial Group

MT Newswires Live

2025/01/06

Patec Precision Industry (TPE:2236) completed the acquisition of Broadway Industrial Group via its unit Patec for about SG$83.8 million.

The company acquired 425.4 million shares, representing a 93.05% stake, according to a Friday Taiwan Exchange filing.

This acquisition will expand Patec's precision-machined capabilities, and diversify product offerings, it noted.

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