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Lian Beng proposes S$9.4m exit from loss-making UEP

It has signed a sale-and-purchase agreement with KKC Investment Holding for the deal

Singapore

LIAN Beng Group is looking to dispose of its 40 per cent stake in asphalt premix manufacturer United E&P (UEP) for S$9.4 million.

The Mainboard-listed construction and civil engineering services firm on Thursday evening announced it has signed a sale-and-purchase...