trending Market Intelligence /marketintelligence/en/news-insights/trending/hhdelEp1X4K7UysYwVs0Vg2 content esgSubNav
In This List

UOL Group's Singapore Land bid to close early 2018

Blog

Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes

Blog

Insight Weekly: Energy crisis cripples Europe; i-bank incomes rise; US holiday sales outlook

Blog

Japan M&A By the Numbers: Q3 2022

Blog

Insight Weekly: Reviving nuclear power; 2023 outlook for US financials; PE funds fuel EV sector


UOL Group's Singapore Land bid to close early 2018

The offer of UOL Group Ltd. subsidiary UOL Equity Investments Pte. Ltd. for all the shares it does not already control in United Industrial Corp. Ltd. unit Singapore Land Ltd. is scheduled to close Jan. 3, 2018, at 5:30 p.m. Singapore time.

The schedule was included in the circular dispatched Dec. 6 to Singapore Land shareholders to detail the S$11.85 per share offer made by United Overseas Bank Ltd. on behalf of UOL Equity.

UOL Equity's offer for Singapore Land was lodged after UOL Group's shareholding in United Industrial increased to 50.025%, following a series of on-market and off-market acquisitions.

As of Dec. 6, US$1 was equivalent to S$1.35.