Asset Acquisitions and Disposals::ACQUISITION OF SHARES IN 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
20-Nov-2017 20:19:05
Status
New
Announcement Sub Title
ACQUISITION OF SHARES IN UNITED INDUSTRIAL CORPORATION LIMITED
Announcement Reference
SG171120OTHRUX3I
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 Listing Manual of the Singapore Exchange Securities Trading Limited, the Company wishes to announce that its interest in United Industrial Corporation Limited ("UIC") has increased to 712,921,189 UIC Shares or 49.78% of UIC's issued share capital.

The increase in its shareholdings was pursuant to purchases by its wholly-owned subsidiary, UOL Equity Investments Pte Ltd, of 11,762,659 UIC Shares on 20 November 2017 at the average price of S$3.3072 per UIC Share.

Please refer to attached announcement for further details.

Attachments

UOL_Announcement_on_acquisition_of_UIC_Shares.pdf
Total size =200K