Asset Acquisitions and Disposals::MANDATORY UNCONDITIONAL CASH OFFER FOR SINGAPORE LAND LIMITED - REMINDER 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
26-Dec-2017 19:04:40
Status
New
Announcement Sub Title
MANDATORY UNCONDITIONAL CASH OFFER FOR SINGAPORE LAND LIMITED - REMINDER ANNOUNCEMENT
Announcement Reference
SG171226OTHRCO77
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)
Shareholders of Singapore Land Limited ("SingLand") are requested to refer to the circular dated 19 December 2017 issued and despatched to them by SingLand in connection with the mandatory unconditional cash offer ("Offer") made by United Overseas Bank Limited ("UOB"), for and on behalf of UOL Equity Investments Pte Ltd ("Offeror"), to acquire all the issued ordinary shares in the capital of SingLand, other than those already owned, controlled or agreed to be acquired by the Offeror and parties acting in concert with the Offeror ("Offer Shares").

Details of the Offer are set out in the offer document dated 6 December 2017 ("Offer Document"), which has been issued by UOB, for and on behalf of the Offeror. All capitalised terms used and not defined herein shall have the same meanings given to them in the Offer Document.

As set out in the Offer Document:
(i) the Offer Price of S$11.85 in cash for each Offer Share is final and the Offeror does not intend to revise the Offer Price; and
(ii) the Offer will close at 5.30pm (Singapore time) on 3 January 2018, being the Closing Date.

Please refer to the attachment for further details.

Attachments

UOL_Reminder_Announcement.pdf
Total size =209K