The Business Times
Wednesday, 27 September, 2017    LOG IN TO BTINVEST

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STI 3,212.04 -3.87
Vol Val Rise Fall Unch
965.9M 752.6M 158 183 416
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News

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Perennial Hldgs

Stock Chart
Last Done Change Volume Range
0.880 - (-) 2.3 0.880 - 0.880

United Engineers

Stock Chart
Last Done Change Volume Range
2.710 +0.010 (+0.37) 1,228.9 2.690 - 2.710

Yanlord Land

Stock Chart
Last Done Change Volume Range
1.775 -0.030 (-1.66) 6,412.3 1.770 - 1.800

Oxley

Stock Chart
Last Done Change Volume Range
0.545 -0.010 (-1.80) 921.1 0.545 - 0.555

Related News

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

14 Sep 2017 18:30

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 cent of UE's issued shares, were bought at S$2.72 apiece. Oxley deputy chief executive Low See Ching also directly holds an additional 1.02 per cent stake in UE.The purchase price is a 4.6 per cent premium to the S$2.60 per share cash offer for UE that has been made by a consortium led by Perenial Real Estate Holdings and Yanlord Land Group.The consortium's offer, which will turn unconditional only if the offer gains control of at least 50 per cent of UE shares, will expire at the business close of Sept 19. As of end-Sept 11, the consortium controlled and had received acceptances amounting to 34.79 per cent of UE's outstanding shares.The consortium has said that it plans to keep United Engineers listed.

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Source: Business Times Breaking News
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