Interested Person Transaction::INTERESTED PERSON TRANSACTIONS

Issuer & Securities

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

Announcement Details

Announcement Title
Interested Person Transaction
Date &Time of Broadcast
29-Dec-2016 07:49:56
Status
New
Announcement Sub Title
INTERESTED PERSON TRANSACTIONS
Announcement Reference
SG161229OTHRUDXV
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)
Please refer to the attachment for details.

Additional Details

Interested Person Details
Pursuant to the requirements of Chapter 9 of the Listing Manual of the Singapore Exchange Securities Trading Limited ("Listing Manual"), UOL Group Limited (the "Company") wishes to provide updated details with regard to United Venture Investments (HI) Pte. Ltd., which is a 50:50 joint venture entity owned by the Company's subsidiary and a subsidiary of United Industrial Corporation Limited ("UIC").

Under the Listing Manual, UIC is deemed as an associate of Dr Wee Cho Yaw, the Chairman and controlling shareholder of the Company. Accordingly, the abovementioned joint venture is deemed as an interested person transaction.

For further details, please refer to the attachment.

Attachments

UOL_IPT Announcement.pdf
Total size =225K