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UOL Group Ltd Updates On Acquisition Of Shares In Subsidiary Company - Pan Pacific Hotels Group Limited

Wednesday, 7 Aug 2013 06:07am EDT 

UOL Group Ltd announced that its interest in its subsidiary, Pan Pacific Hotels Group Limited has increased to 570,592,126 shares or 95.10% of PPHG's issued share capital (600,000,000 shares). The increase in its shareholding was pursuant to the transfer and settlement on August 7, 2013 of an aggregate of 78,690,474 PPHG shares tendered in acceptance of the Companys exit offer at the offer price of SGD2.55 per PPHG share. 

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