Asset Acquisitions and Disposals::MEMBER'S VOLUNTARY WINDING UP OF SUBSIDIARY

Issuer & Securities

Issuer/ Manager
UNITED OVERSEAS BANK LIMITED
Securities
UNITED OVERSEAS BANK LIMITED - SG1M31001969 - U11
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
03-Jan-2020 17:49:21
Status
New
Announcement Sub Title
MEMBER'S VOLUNTARY WINDING UP OF SUBSIDIARY
Announcement Reference
SG200103OTHRDE9Q
Submitted By (Co./ Ind. Name)
Theresa Sim
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
United Overseas Bank Limited ('UOB') wishes to announce that its wholly-owned subsidiary, UOBBF Clearing Limited, has commenced member's voluntary liquidation. The voluntary liquidation is part of the on-going rationalisation of the operations of the UOB group of companies.