Edition:
United States

United Engineers Ltd (UTES.SI)

UTES.SI on Stock Exchange of Singapore

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17 Oct 2017
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Tue, Sep 19 2017

UPDATE 1-Yanlord, Perennial's offer for Singapore's United Engineers fails

* Shareholders not enthused by offer from Yanlord-led consortium

Yanlord Land-led offer for Singapore property firm lapses

Sept 19 China-based Yanlord Land Group and Perennial Real Estate Holdings said on Tuesday their more than $1 billion offer for a stake in Singaporean property firm United Engineers had lapsed.

BRIEF-Yanlord Land says ‍conditional cash offer for United Engineers closed on Sept. 19

* ‍Conditional cash offer for United Engineers Limited closed at 5:30 p.m on 19 September 2017​ Source text for Eikon: Further company coverage:

BRIEF-Oxley Holdings says it acquired some shares of United Engineers Ltd

* On 16 August 2017 acquired shares of United Engineers Ltd resulting in co holding 10.43% of total issued shares of UEL​ Source text for Eikon: Further company coverage:

BRIEF-Oxley Holdings acquires an aggregate of 45.3 million ordinary shares in United Engineers

* Acquired an aggregate of 45.3 million ordinary shares in United Engineers Limited

China's Yanlord Land, Perennial to acquire Singapore property group for $1.3 billion

SINGAPORE Singapore's Oversea-Chinese Banking Corporation (OCBC) and its insurance arm are selling their stakes in property firm United Engineers and a subsidiary to a group led by China's Yanlord Land Group and Perennial Real Estate Holdings .

China's Yanlord Land, Perennial to acquire Singapore property group for $1.3 bln

SINGAPORE, July 13 Singapore's Oversea-Chinese Banking Corporation (OCBC) and its insurance arm are selling their stakes in property firm United Engineers and a subsidiary to a group led by China's Yanlord Land Group and Perennial Real Estate Holdings.

BRIEF-Yanlord Land and Perennial Leads Consortium to acquire 33.5 pct stake in United Engineers

* Perennial Leads Consortium with Yanlord to acquire 33.5 pct stake in United Engineers and up to 29.9 pct stake in WBL Corp

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