Oxley sticks a foot in the door at UE AGM
Oxley chief Ching Chiat Kwong wants United Engineers board to reconsider his application for a board seat
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Singapore
THE Oxley duo made a surprise appearance at the annual shareholder meeting of United Engineers (UE) on Thursday, where they appealed for a director's seat on the board recently instated by the chiefs of Perennial Real Estate and Yanlord Land.
Oxley became a substantial shareholder in UE last August, after the Yanlord Perennial consortium bought a 33.5 per cent stake in the company (now 34.87 per cent). Oxley owns 16.56 per cent of UE.
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