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IFA advises SingLand shareholders to accept UOL offer

Michelle Quah

Michelle Quah

Published Tue, Dec 19, 2017 · 09:50 PM

Singapore

THE Australia and New Zealand Banking Group (ANZ) has, in its capacity as independent financial adviser (IFA), advised Singapore Land shareholders to accept the mandatory unconditional cash offer made by UOL Group Limited.

UOL had earlier this year made the offer for all the SingLand shares it does not already own, at S$11.85 apiece in cash.

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