Broadway Industrial agrees to partial payment in precision tool company acquisitions
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Broadway Industrial Group Limited has reached a supplemental agreement for its acquisition of a 51% stake in Shenzhen Zhuoluoyu Precision Tool Co., Ltd. and ZLY Precision Tool (Thailand) Co., Ltd. A payment of $60k will be made upon signing the agreement on 31 October 2025, with a remaining deferred payment of $1.22m plus interest to be settled later. Other terms of the sale and purchase agreement remain unchanged.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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