What makes United Engineers attractive for acquisition targets?

12 Oct 2016 - Singapore Business Review
Major shareholders are looking to sell it out. United Engineers, an established centennial Singapore company with key businesses, will be subject to a potential takeover as major shareholders look to exit, said DBS Vickers Securities. Major shareholders, OCBC, Great Eastern and affiliates, have announced ...
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OUE: No ongoing talks on United Engineers, will announce if buying

5 Oct 2016 - Business Times Breaking News
DEVELOPER OUE has commented on talk of its interest in property play United Engineers (UE), saying there are no ongoing discussions and it will make an announcement should it be buying shares in the firm. "Although the company has been approached in relation to the purchase of shares of United Engineers ...
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Hot stock: United Engineers up 3.2% to S$2.61

5 Oct 2016 - Business Times Breaking News
PROPERTY play United Engineers, said to be pursued by Riady-backed OUE Ltd, rose 3.2 per cent or eight cents to S$2.61 on Wednesday morning. The Singapore Exchange has also queried the firm on its trading activity By 10.17am, over two million shares worth S$5.5 million have been traded.
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OUE denies “ongoing talks” to buy United Engineers stakes

5 Oct 2016 - Singapore Business Review
But it admits being approached for the said matter. Following the news of the planned purchase of stakes in United Engineers Ltd. (UE), OUE Ltd. clarified that there have been no talks or definitive plans to pursue with the purchase just yet. In a statement filed to the Singapore Exchange, OUE admitted ...
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Daily Briefing: Residential sector buoys investment sales; OUE mulls buying United Engineers stake

5 Oct 2016 - Singapore Business Review
And here's how cafe hopping got cheaper in the city-state. The rise in real estate investment sales in Singapore to $4.61 billion in Q3 was due to the robust number posted by the residential sector. The residential sector accounted for the bulk of investment sales in Q3 at $2.07 billion, or 45 percent ...
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Riady family in race for Singapore's United Engineers stake

5 Oct 2016 - DealStreetAsia
OUE Ltd., backed by the billionaire Riady family, plans to pursue a stake in Singapore property and construction firm United Engineers Ltd., a person with knowledge of the matter said. Singapore-listed OUE is interested in bidding for shares held by Oversea-Chinese Banking Corp. and its affiliates, said ...
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Here’s why developers will lock horns over possible disposal of United Engineers

30 Sep 2016 - Singapore Business Review
Its properties are considered a rarity. The news on OCBC's potential disposal of United Engineers Ltd. (UE) has hit the media once again, piquing the interest of the developers who would willingly take the responsibility of taking over the the building and construction group. But what really makes it ...
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Stocks to watch: GMG Global, United Engineers, Rowsley

28 Sep 2016 - Business Times Breaking News
NEW events have taken place that may affect the following companies' share prices on Wednesday: GMG Global: The Securities Investors Association (Singapore) reiterated on Tuesday its call for Halcyon Agri Corp to raise its offer for GMG Global. Halcyon's general offer of 0.9333 Halcyon share for every ...
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Hot stock: United Engineers shares jump as OCBC reviews options for stake

27 Sep 2016 - Business Times Breaking News
[SINGAPORE] United Engineers Ltd jumped??to a 14-month high after Oversea-Chinese Banking Corp and an affiliate said they were reviewing options for their combined stake in??the century-old Singapore property and construction company. OCBC, its insurance arm Great Eastern Holdings Ltd and the bank's ...
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Stocks to watch: OCBC, United Engineers, GLP

27 Sep 2016 - Business Times Breaking News
NEW events have taken place that may affect the following companies' share prices on Tuesday: OCBC, United Engineers: The bank and the property and construction company have issued separate statements saying that "no decision has been made at this time to pursue any specific transaction or any other ...
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