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HOCK LOCK SIEW

Short end of the stick for UE E&C minority owners?

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Minority shareholders of mechanical engineering and construction firm UE E&C Ltd, a subsidiary of United Engineers Ltd (UE), must be watching events relating to the ongoing takeover of their company with a mixture of fascination as well as trepidation.

MINORITY shareholders of mechanical engineering and construction firm UE E&C Ltd, a subsidiary of United Engineers Ltd (UE), must be watching events relating to the ongoing takeover of their company with a mixture of fascination as well as trepidation.

Fascination because a standoff