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
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Fiona Lam
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 agreement with KKC Investment Holding, an unrelated third party, for the deal.
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