Is the long-standing Wee-Gokongwei rivalry over UIC set to soften?

Singapore

THE state of play over Singapore-listed United Industrial Corp (UIC), the biggest office landlord in the city state long embroiled in a tug-of-war between two of South-east Asia's wealthiest families - Singapore's Wee and the Philippines' Gokongwei - could shift gear with the recent passing of billionaire John Gokongwei.

At least, that's what the market may be indicating.