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Updates on UE, Citic Envirotech buyouts

Annabeth Leow
Published Mon, Dec 16, 2019 · 09:50 PM

Singapore

TWO mainboard-listed companies are inching closer to privatisation, in separate offers updated on Monday.

Chinese developer Yanlord Land Group now plans to delist United Engineers (UE), should it nab more than 90 per cent of ordinary shares and erode the counter's free float.

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