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United Engineers shares jump amid talk of buyer interest

OCBC, Great Eastern evaluating expressions of interests over their stakes

39127465.2 (41399536) - 03_02_2017 - pixsgx.jpg

Singapore

UNITED Engineers Ltd (UEL) announced on Friday that its largest shareholders, OCBC and Great Eastern Holdings (GEH), have received and are evaluating non-binding expressions of interests over their combined stakes in the company.

UEL said that this is part of the...

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