trending Market Intelligence /marketintelligence/en/news-insights/trending/UA3i9aP2dONX9uDyd_kajw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

United Engineers to lose listing status after closing of Yanlord Land offer

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


United Engineers to lose listing status after closing of Yanlord Land offer

United Engineers Ltd. is set to lose its listing status after China's Yanlord Land Group Ltd. secured valid acceptances for roughly 90.27% of the Singapore-based company's ordinary shares as at Dec. 26 as part of its S$2.70 per-share takeover offer.

The Singapore bourse will suspend trading in United Engineers shares at the close of Yanlord Land's offer. Yanlord Land said it intends to take steps to delist United Engineers from the Singapore bourse following the scheduled closing its offer at 5.30 p.m. Singapore time on Dec. 30.

As at 5 p.m. Singapore time on Dec. 26, Yanlord Land unit Yanlord Investment (Singapore) Pte. Ltd. obtained valid acceptances for 575,464,147 United Engineers shares, or 90.27% of its total shares. As a result, United Engineers fell short of meeting a requirement that at least 10% of a listed company's total shares should be held by the public, according to a Dec. 27 filing.

As of Dec. 26, US$1 was equivalent to S$1.35.