Oxley raises UE stake to 14.1% at S$2.72 per share with S$2.60 offer still open

14 Sep 2017 - Business Times Breaking News
PROPERTY developer Oxley Holdings has further raised its stake in United Engineers (UE) to 14.1 per cent after acquiring S$1.4 million of shares on the open market on Tuesday and Wednesday, according to mandatory disclosures to the Singapore Exchange.The 5.3 million shares, which form about 0.07 per ...
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United Engineers names Yanlord chairman and Perennial CEO as new directors

12 Sep 2017 - Business Times Breaking News
UNITED Engineers (UE) on Tuesday announced the appointment of new directors - chairman and CEO of Yanlord Land Group, Zhong Sheng Jian, as a non-independent and executive director as well as CEO of Perennial Real Estate Holdings and chief operating officer of Wilmar, Pua Seck Guan, as a non-independent ...
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Former VP sentenced to 14 years jail for money laundering and cheating: CPIB

8 Sep 2017 - Business Times Breaking News
LINDA Lee, a former vice-president (Asset Management) of United Engineers Developments, a unit of United Engineers (UEL), has been sentenced on Friday to 14 years' imprisonment for money laundering and cheating offences, the Corrupt Practices Investigation Bureau (CPIB) said. Investigations by CPIB revealed ...
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Oxley Holdings boosts stake in United Engineers to 10.43%

17 Aug 2017 - Business Times Breaking News
OXLEY Holdings on Thursday disclosed that the company had on Wednesday acquired, through open-market purchases, shares of United Engineers (UE), resulting in Oxley holding 10.43 per cent of the total number of issued shares, excluding treasury shares and subsidiary holdings of UE.UE is in the middle ...
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Oxley's stake in United Engineers climbs to 10.4%

17 Aug 2017 - Singapore Business Review
UE is currently in the midst of a takeover bid by a consortium. Oxley Holdings (Oxley) acquired a 10.4% stake in United Engineers (UE) through open-market purchases. The former previously announced that it had acquired a 7.11% stake in UE for a consideration of $120.3m. According to KGI, UE is in the ...
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United Engineers' Q2 profit rises 303% on revaluation gains

11 Aug 2017 - Business Times Breaking News
UNITED Engineers Ltd (UEL) said on Friday its second-quarter net profit rose 303 per cent to S$45.3 million mainly due to revaluation gains from the group's investment property assets.The group said revenue increased 9 per cent to S$121.9 million in the three months ended June 30, 2017, mainly due to ...
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United Engineers: Posts 9% Rise In Q2 Revenue To S$121.9 Million Due To Increased Property Sales In China.

11 Aug 2017 - ShareInvestor Express
United Engineers Limited saw its revenue increased 9% to $121.9 million in the three months ended 30 June 2017 mainly due to pick up in China property sales. The quarter's attributable profit for continuing operations increased 303% to $45.3 million mainly due to revaluation gains from the Group's investment ...
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Oxley buys 7.11% of UEL for S$120.3m, but will not be making competing offer for UEL

4 Aug 2017 - Business Times Breaking News
OXLEY Holdings said on Friday that it has bought a total of 45.3 million shares, or a 7.11 per cent stake, in United Engineers Limited (UEL) for about S$120.3 million.The share purchases in UEL - a century old Singaporean property group - were done in the open market.Oxley said the acquisition was undertaken ...
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Oxley acquires 7.11% stake in United Engineers

4 Aug 2017 - Singapore Business Review
The acquisition is worth $120.3m. Oxley Holdings announced that it has acquired an aggregate of around 45.3 million ordinary shares in United Engineers Limited (UEL) According to the group, these acquired shares constitute 7.11% of the total issued and paid-up share capital of UEL. The total consideration ...
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Perennial Hldgs: Leads Consortium With Yanlord To Acquire 33.5% Stake In United Engineers And Up To 29.9% Stake In WBL Corporation For A Total Consideration Of S$729.7 Million.

14 Jul 2017 - ShareInvestor Express
Yanlord Land Group Limited ("Yanlord"), together with Perennial Real Estate Holdings Limited ("Perennial") and two of its sponsors, Mr Kuok Khoon Hong and Wilmar International Limited ("Wilmar"), as well as a private investor, have through their respective nominees or subsidiaries established a special ...
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