Asset Acquisitions and Disposals::ACQUISITION OF SHARES IN ASSOCIATED COMPANY - UNITED INDUSTRIAL CORPORATION LIMITED

Issuer & Securities

Issuer/ Manager
UOL GROUP LIMITED
Securities
UOL GROUP LIMITED - SG1S83002349 - U14

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
02-Jul-2014 18:09:23
Status
New
Announcement Sub Title
ACQUISITION OF SHARES IN ASSOCIATED COMPANY - UNITED INDUSTRIAL CORPORATION LIMITED
Announcement Reference
SG140702OTHREZQS
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 SGX-ST Listing Manual, the Company wishes to announce that its interest in associated company, United Industrial Corporation Limited ("UIC"), has increased to 608,118,249 shares or 43.678% of UIC s issued capital (1,392,283,757 shares).

The increase in its shareholdings was pursuant to off-market and open market purchases by wholly-owned subsidiary, UOL Equity Investments Pte Ltd, of an aggregate of 152,000 UIC shares on 2 July 2014 for the average price of $3.34861 per share.