Re: United Engineers
Posted:
Tue Aug 08, 2017 4:25 pmby behappyalways
oxley-acquires-711-stake-united-engineers-says-will-not-be-making-competing-offer
https://www.theedgesingapore.com/oxley- ... ting-offer
Re: United Engineers
Posted:
Sun Sep 17, 2017 6:50 pmby behappyalways
Re: United Engineers
Posted:
Sun Sep 24, 2017 3:16 amby behappyalways
Re: United Engineers
Posted:
Wed Dec 06, 2017 8:57 pmby behappyalways
united-engineers-3q-earnings-sink-92-106-mil-discontinued-operations
https://www.theedgesingapore.com/united ... operations
Re: United Engineers
Posted:
Mon Feb 26, 2018 7:04 pmby behappyalways
United Engineers' FY17 earnings fall 36% to $89.6 mil on discontinued operations
https://www.theedgesingapore.com/united ... operations
Re: United Engineers
Posted:
Tue May 08, 2018 7:34 amby behappyalways
United Engineers posts 1Q earnings increase by 3% to $9.0 mil on lower costs
https://www.theedgesingapore.com/united ... ower-costs
Re: United Engineers
Posted:
Sun Nov 18, 2018 5:49 pmby behappyalways
United Engineers reports 16% lower 3Q earnings of $7.7 mil on revenue decline
https://www.theedgesingapore.com/united ... ue-decline
Re: United Engineers
Posted:
Tue Feb 26, 2019 6:48 pmby behappyalways
United Engineers FY18 earnings fall 36% to $55.8 mil on weaker property sales
https://www.theedgesingapore.com/united ... erty-sales
Re: United Engineers
Posted:
Sun Aug 18, 2019 2:01 pmby behappyalways
United Engineers posts 25% lower 2Q earnings of $8.3 mil on lower revenue
https://www.theedgesingapore.com/capita ... er-revenue
Re: United Engineers
Posted:
Fri Oct 25, 2019 1:11 pmby winston
not vested
Yanlord makes fresh bid for Singapore's United Engineers, values it at $1.2 bln
Oct 25 (Reuters) - China-based property developer YanlordLand Group is making a second attempt to take over Singapore's United Engineers Ltd , in a deal that values the real estate firm at S$1.66 billion ($1.2 billion).
It plans to pay cash for the shares it does not own at S$2.60 per share - a mandatory offer triggered after one of its units bought United Engineers stock owned by Perennial UW and Heng Yue Holdings.
Yanlord now owns 35.27% of United Engineers.
The S$2.60 per share price is the same price offered in a bid made a little over two years ago by Yanlord and Perennial Real Estate Holdings - a deal that failed after the consortium only gained shareholder acceptances representing just 1.4% of United Engineers' ordinary shares
The offer price also represents a 2.3% discount to United Engineers last closing price of S$2.66 on Tuesday when the Singapore firm requested a trading halt. The shares were trading at S$2.61 on Friday.
There are no plans to delist United Engineers, Yanlord said.
Yanlord is seeking to have at least 50% of United Engineers' voting rights for the offer to succeed. If the offer fails,Yanlord will not be able to make another offer for 12 months.
DBS Bank is the financial adviser on the offer.
Source: Reuters