You are here

Oxley asks UE to explain share sale

Singapore

THE decision by United Engineers (UE) to sell all of its treasury shares for S$56 million to undisclosed third parties last Friday was a board decision, managing director Roy Tan said on Monday.

Mr Tan was responding to concerns raised by UE shareholder and Oxley chief...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes