Edition:
United States

United Engineers Ltd (UTES.SI)

UTES.SI on Stock Exchange of Singapore

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24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

United Engineers Ltd issues outlook
Monday, 27 Feb 2017 05:14am EST 

United Engineers Ltd : "Rental income from group's portfolio of investment properties is expected to remain stable" . Property business in China continues to face challenging operating conditions due to patchy recovery in China's property market .Global geopolitical uncertainties & weaker economic outlook in singapore will continue to affect sentiments in local property market.  Full Article

United Engineers says FY net profit S$ 140.6 mln
Monday, 27 Feb 2017 05:14am EST 

United Engineers Ltd : FY net profit S$ 140.6 million versus S$102.2 million . FY revenue S$479.7 million versus S$851.2 million .Declared cash dividend of 5 cents per ordinary stock (one-tier tax).  Full Article

United Engineers anounces disposal of interest in Suzhou Speedling Co
Tuesday, 23 Aug 2016 05:40am EDT 

United Engineers Ltd : Disposal of interest in suzhou speedling co., ltd) . Deal for for a total consideration of RMB5.5 million . Disposal is not expected to have any material impact on the net tangible assets or earnings per share of the company . Unit WBL corporation has disposed of its effective interest of 93% in Suzhou Speedling Co. to Zhang Xiao Dong and Wu Liang .  Full Article

United Engineers posts qtrly net profit S$2.9 million
Friday, 12 Aug 2016 06:25am EDT 

United Engineers Ltd : Qtrly net profit s$2.9 million versus s$17.6 million a year ago .  Full Article

United Engineers post first half revenue of S$333.7 mln
Friday, 12 Aug 2016 06:25am EDT 

United Engineers Ltd : Revenue For The First Half Ended 30 June 2016 Decreased 42% To S$333.7 Million .  Full Article

United Engineers entered into conditional share purchase agreement
Friday, 13 May 2016 06:50am EDT 

United Engineers Ltd : Proposed disposal of interests in subsidiaries . Company has entered into a conditional share purchase agreement with Giant Maze Limited . Consideration for uesh sale shares and ue envirotech sale shares is s$16 million and s$30 million respectively . UE UMC PTE entered share purchase agreement with purchaser to sell 20.5 million shares in capital of UE Envirotech PTE .  Full Article

United Engineers says qtrly net profit S$6.9 million
Wednesday, 11 May 2016 05:58am EDT 

United Engineers Ltd : Qtrly revenue s$333.6 million versus s$515.3 million . Qtlry net profit s$6.9 million versus s$25 million . Directors do not recommend the payment of an interim dividend . Group's China property division is likely to continue to face challenging operating conditions .  Full Article

United Engineers Ltd appoints Norman Ip as group managing director
Monday, 30 Nov 2015 04:11am EST 

United Engineers Ltd:Says that Norman Ip will assume role of group managing director with effect from Dec. 1, 2015.  Full Article

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

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