Asset Acquisitions and Disposals::ACCEPTANCE OF ENBLOC TENDER FOR RAINTREE GARDENS LOCATED AT 110-112 POTONG PASIR AVENUE 1, SINGAPORE

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
06-Oct-2016 07:26:04
Status
New
Announcement Sub Title
ACCEPTANCE OF ENBLOC TENDER FOR RAINTREE GARDENS LOCATED AT 110-112 POTONG PASIR AVENUE 1, SINGAPORE
Announcement Reference
SG161006OTHR0YL8
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)
The Board of Directors of UOL Group Limited (the "Company") is pleased to announce that the tender submitted by the Company's associated company, UVD (Projects) Pte. Ltd., for the en-bloc purchase of the leasehold property comprised in Lot 6521X of Mukim 17 and which is also the development known as "Raintree Gardens" at 110-112 Potong Pasir Avenue 1, Singapore (the "Development") has been accepted on 6 October 2016 by the members of the Sale Committee acting on behalf of the consenting subsidiary proprietors of the units of the Development.

Please see attached detailed announcement.

Attachments

UOL_ACCEPTANCE_OF_ENBLOC_TENDER_FOR_RAINTREE_GARDENS .pdf
Total size =164K