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UE said to be in final stages of Wearnes Auto sale
Property company is itself in play, divesting its non-core assets
Published Mon, Aug 25, 2014 · 10:00 PM
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AFTER looking for some time for the right buyer, property and engineering conglomerate United Engineers (UE) is reportedly close to selling its automotive business, Wearnes, for as much as S$450 million.
The company has been divesting non-core assets. UE …
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