Key Developments: United Engineers Ltd (UTES.SI)

UTES.SI on Stock Exchange of Singapore

2.48SGD
3 Aug 2015
Change (% chg)

$-0.01 (-0.40%)
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Latest Key Developments (Source: Significant Developments)

United Engineers Ltd announces striking off of an indirect dormant subsidiary
Friday, 24 Jul 2015 05:27am EDT 

United Engineers Ltd:To announce that UED Capital Venture Pte. Ltd. (UEDCV), an indirect wholly-owned dormant subsidiary of the Company, has been struck off.  Full Article

United Engineers Ltd announces dormant subsidiary voluntary liquidation
Wednesday, 15 Apr 2015 05:18am EDT 

United Engineers Ltd:Says its dormant wholly-owned subsidiary, MPL Pte Ltd, which was placed under member’s voluntary liquidation, has been dissolved.  Full Article

United Engineers Ltd recommends payment of dividend
Friday, 27 Feb 2015 04:11am EST 

United Engineers Ltd:Recommends preference cash dividend of 7.5 cents per preference share.Also recommends first and final cash dividend of 5 cents per ordinary stock and special cash dividend of 5 cents per ordinary stock.Payable on May 13.  Full Article

United Engineers Ltd announces liquidation of subsidiary
Wednesday, 25 Feb 2015 04:10am EST 

United Engineers Ltd:Says Summer Palace Management Co Ltd, its indirect subsidiary incorporated in the People’s Republic of China, which had been placed under members voluntary liquidation, has been dissolved.  Full Article

United Engineers Ltd announces resignation of chief financial officer
Saturday, 31 Jan 2015 02:23pm EST 

United Engineers Ltd:Announces the resignation of Wong Hein Jee as chief financial officer effective March 21.Announces the appointment of Tan Chee Keong Roy as group chief financial officer effective Feb. 1.  Full Article

United Engineers Ltd's subsidiary disposes stake in Tangshan UE Shengxing
Thursday, 22 Jan 2015 05:18am EST 

United Engineers Ltd:Says a subsidiary, UE UMC Pte Ltd (UMC) has disposed of its entire 60 pct shareholding interest in Tangshan UE Shengxing Renewable Resources Co Ltd to Chemoil Environment Holding Pte Ltd for a consideration of 6 million Yuan (about S$1.3 million).  Full Article

United Engineers Ltd's Wearnes Engineering & Distribution Pte. Ltd. disposed entire interest in RFNet
Wednesday, 14 Jan 2015 04:45am EST 

United Engineers Ltd:Says that its 67.6 pct indirect subsidiary, Wearnes Engineering & Distribution Pte. Ltd. has disposed of its entire 21.33 pct interest in RFNet Technologies Pte Ltd (RFNet) to Panasonic Asia Pacific Pte. Ltd.Says for a consideration of about S$2.4 mln.Disposal is not expected to have any material impact on net tangible assets or earnings per share of the Group for FY ending Dec. 31.  Full Article

United Engineers Ltd 's indirect subsidiary announces completion of disposal of 100 pct of shareholding in Wearnes Automotive Pte. Ltd. And Associated Motor Industries (Private) Ltd
Monday, 24 Nov 2014 04:34am EST 

United Engineers Ltd:Refers to the announcement made earlier, in relation to disposal by its indirect subsidiary, WBL Corp Ltd of the entire issued and paid-up share capital in each of Wearnes Automotive Pte. Ltd and Associated Motor Industries (Private) Ltd to StarChase Motorsports (Singapore) Pte. Ltd.Says the main closing has occurred on Nov. 24.Says following the occurrence of main closing, AMI and WAPL together with its subsidiaries and associated companies have ceased to be subsidiaries and associated companies of the company.  Full Article

United Engineers Ltd announces striking off of dormant indirect subsidiary company
Tuesday, 28 Oct 2014 05:10am EDT 

United Engineers Ltd:Says its dormant indirect subsidiary incorporated in Singapore, has been struck off from the Register of Companies with effect from Oct. 17 and the notice of the striking off has been published in the Government Gazette on Oct. 24.  Full Article

United Engineers Ltd announces incorporation of joint venture company
Friday, 3 Oct 2014 09:56am EDT 

United Engineers Ltd:Informs that its indirect wholly-owned subsidiary, UE NEWater Pte. Ltd., together with BEWG International Pte. Ltd has set up a joint venture company known as 'BEWGI-UE NEWater (S) Pte. Ltd.Says BNS is incorporated with an issued and paid-up share capital of $10/-, comprising of 10 ordinary shares held by the joint venture partners (Party Stake - UE NEWater 20 pct and BEWGI 80 pct).Says BNS will enter into an agreement with the Public Utilities Board to design, build, own and operate the second NEWater plant at Changi.  Full Article

OCBC says did not reach deal to sell United Engineers stake to Thai billionaire

SINGAPORE, Feb 14 - Singapore's Oversea-Chinese Banking Corporation (OCBC) and its insurance arm said they did not reach an agreement to sell their stake in United Engineers Ltd to a company controlled by Thai billionaire Charoen Sirivadhanabhakdi.

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