Asset Acquisitions and Disposals::MANDATORY UNCONDITIONAL CASH OFFER FOR SINGAPORE LAND LIMITED - OFFER ANNOUNCEMENT

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
21-Nov-2017 22:40:06
Status
New
Announcement Sub Title
MANDATORY UNCONDITIONAL CASH OFFER FOR SINGAPORE LAND LIMITED - OFFER ANNOUNCEMENT
Announcement Reference
SG171121OTHREGKZ
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)
United Overseas Bank Limited wishes to announce, for and on behalf of UOL Equity Investments Pte Ltd ("Offeror"), that the Offeror intends to make a mandatory unconditional cash offer ("Offer") for all ordinary shares in the issued share capital of Singapore Land Limited ("SingLand Shares"), other than those SingLand Shares already owned, controlled or agreed to be acquired by the Offeror and parties acting in concert with it ("Offer Shares"). The offer price for each Offer Share is S$11.85. The Offeror is the wholly-owned subsidiary of UOL Group Limited.

Please refer to the attachment for further details.

Attachments