Asset Acquisitions and Disposals::EXERCISE OF THE OPTION TO PURCHASE IN RESPECT OF THE PROPERTY KNOWN AS 45 AMBER ROAD, 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
03-Feb-2017 18:10:20
Status
New
Announcement Sub Title
EXERCISE OF THE OPTION TO PURCHASE IN RESPECT OF THE PROPERTY KNOWN AS 45 AMBER ROAD, SINGAPORE
Announcement Reference
SG170203OTHRTLF8
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)
UOL Group Limited (the "Company") refers to its announcement dated 23 January 2017 on the grant of an option to purchase (the "Option") by Sin Lian Huat Co. (Pte.) Ltd to its wholly-owned subsidiary, UOL Ventures Pte. Ltd. ("UVPL") for the acquisition of the property known as 45 Amber Road, Singapore at a consideration of S$156,000,000.

In connection with the above, the Company wishes to announce that UVPL has exercised the Option on 3 February 2017.

Please refer to the attached announcement for further details.

Attachments

UOL__Exercise_of_the_Option_to_Purchase_45_AmberRd_3_Feb_17.pdf
Total size =75K