Edition:
United States

United Engineers Ltd (UTES.SI)

UTES.SI on Stock Exchange of Singapore

2.64SGD
15 Dec 2017
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Latest Key Developments (Source: Significant Developments)

United Engineers's Unit ‍To Make Offer For Entire Stake Of WBL Corp For S$188.7 Mln​
Thursday, 14 Dec 2017 05:01am EST 

Dec 14 (Reuters) - United Engineers Ltd ::UNIT ‍TO MAKE CASH OFFER FOR ENTIRE STAKE OF OF WBL CORP FOR S$188.7 MILLION​.  Full Article

United Engineers posts qtrly profit attributable from cont ops, net of tax​ S$10.6 mln
Monday, 13 Nov 2017 05:37am EST 

Nov 13 (Reuters) - United Engineers Ltd :Qtrly profit attributable to owners of company from continuing operations, net of tax​ S$10.6 million versus S$11.7 million.Qtrly revenue from ‍ continuing operations S$143 million versus S$101.7 million.  Full Article

United Engineers says Tan Ngiap Joo has resigned as chairman
Tuesday, 19 Sep 2017 10:34am EDT 

Sept 19 (Reuters) - United Engineers Ltd :Tan Ngiap Joo has resigned as chairman.Norman Ip Ka Cheung has resigned as group managing director.Appoints Roy Tan Chee Keong as group managing director.Zhong Sheng Jian will be assuming role of executive chairman.  Full Article

United Engineers posts qtrly profit attributable for cont ops S$45.3 mln, up 303 pct
Friday, 11 Aug 2017 06:47am EDT 

Aug 11 (Reuters) - United Engineers Ltd :Quarter's attributable profit for continuing operations increased 303% to $45.3 million.Revenue increased 9% to $121.9 million in three months ended 30 june 2017​.All figures in S$.  Full Article

Oxley Holdings acquires an aggregate of 45.3 million ordinary shares in United Engineers
Thursday, 3 Aug 2017 08:08pm EDT 

Aug 4 (Reuters) - Oxley Holdings Ltd ::Acquired an aggregate of 45.3 million ordinary shares in United Engineers Limited.Deal for total consideration for acquired shares was S$120.3 million.Acquired shares constitute 7.11% of total issued and paid-up share capital of UEL.  Full Article

United Engineers says qtrly profit attributable S$13 mln
Friday, 12 May 2017 05:15am EDT 

May 12 (Reuters) - United Engineers Ltd ::Qtrly profit attributable s$13 million versus loss of s$ 16.3 million.Qtrly revenue s$101.4 million versus s$ 144.8 million.  Full Article

United Engineers announces acquisition of 40% interest in Bluescope Buildings(Malaysia)
Monday, 8 May 2017 05:12am EDT 

May 8 (Reuters) - United Engineers Limited :Acquisition of 40% interest in Bluescope Buildings (Malaysia) Sdn. Bhd.) .Acquisition not expected to have material impact on earnings per share of co for the financial year ending 31 December 2017.  Full Article

United Engineers announces acquisition of 40% interest in Bluescope buildings
Monday, 8 May 2017 05:08am EDT 

May 8 (Reuters) - United Engineers Ltd -:Acquisition of 40% interest in Bluescope Buildings (Malaysia) Sdn. Bhd..Unit has acquired 1mln ordinary shares in issued and paid-up share capital of bluescope buildings.Deal for consideration of rm1 million.  Full Article

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

Deals of the day-Mergers and acquisitions

Sept 20 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday :