Asset Acquisitions and Disposals::ACQUISITION OF SHARES IN UNITED INDUSTRIAL CORPORATION LIMITED
Issuer & Securities
UOL GROUP LIMITED
UOL GROUP LIMITED - SG1S83002349 - U14
Asset Acquisitions and Disposals
Date &Time of Broadcast
Announcement Sub Title
ACQUISITION OF SHARES IN UNITED INDUSTRIAL CORPORATION LIMITED
Submitted By (Co./ Ind. Name)
Foo Thiam Fong Wellington
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.
Total size =200K