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United Engineers Ltd Announces Extension Of Closing Date To Acquire WBL Corporation Limited


Wednesday, 24 Apr 2013 05:08am EDT 

United Engineers Ltd Extension announced that in relation to the mandatory conditional cash offers by J.P. Morgan, for and on behalf of UE Centennial Venture Pte. Ltd. (the Offeror), which is a wholly owned subsidiary of United Engineers Ltd (UE), to acquire all the issued ordinary stock units in the capital of WBL Corporation Limited (WBL) other than those already owned, controlled or agreed to be acquired by the Offeror and the Concert Party Group (the Stock Unit Offer) and all the outstanding 2.5% convertible bonds due June 10, 2014 issued by the Company on June 10, 2009, other than those already owned, controlled or agreed to be acquired by the Offeror and the Concert Party Group. J.P. Morgan announced that for and on behalf of the Offeror, that the Closing Date of the Offers will be extended from 5.30 p.m. (Singapore time) on April 24, 2013 to 5.30 p.m. (Singapore time) on May 10, 2013 or such later date(s) as may be announced from time to time by or on behalf of the Offeror (the Extended Closing Date). Acceptances received after 5.30 p.m. on the Extended Closing Date will be rejected.