UOL ups interest in United Industrial Corporation
Share were bought for S$2.75337 each.
UOL Group Limited announced that its interest in associated company United Industrial Corporation Limited has increased to 596,133,565 shares or 43.257% of UIC’s issued capital.
The increase in its shareholdings was pursuant to the purchase by wholly-owned subsidiary UOL Equity Investments Pte Ltd of an aggregate of 210,000 UIC shares from the open market on 16 November 2012 for the price of S$2.75337 per share.