Asset Acquisitions and Disposals::ACQUISITION OF SHARES IN ASSOCIATED COMPANY - UNITED INDUSTRIAL CORPORATION LIMITED

Issuer & Securities

Issuer/ Manager
UOL GROUP LIMITED
Securities
UOL GROUP LIMITED - SG1S83002349 - U14
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
12-Dec-2014 18:18:22
Status
New
Announcement Sub Title
ACQUISITION OF SHARES IN ASSOCIATED COMPANY - UNITED INDUSTRIAL CORPORATION LIMITED
Announcement Reference
SG141212OTHRUOIL
Submitted By (Co./ Ind. Name)
Foo Thiam Fong Wellington
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Pursuant to Rule 704(17)(d) of the SGX-ST Listing Manual, the Company wishes to announce that its interest in associated company, United Industrial Corporation Limited (" UIC" ), has increased to 611,929,249 shares or 43.942% of UIC's issued capital (1,392,591,757 shares).

The increase in its shareholdings was pursuant to an off-market purchase by wholly-owned subsidiary, UOL Equity Investments Pte Ltd, of 172,000 UIC shares on 12 December 2014 at a price of S$3.351 per share.