United Engineers – Potential Windfall from the Impending Divestment of The Seletar Mall?
Time is almost ripe for SPH to divest The Seletar Mall to SPH REIT. SPH owns 70% interests in the SPV that owns The Seletar Mall and United...
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United Engineers – Pre-Conditional Voluntary Unconditional Cash Offer for WBL Corp
United Engineers Ltd (UEL) announced a pre-conditional voluntary unconditional cash offer to acquire all issued ordinary stocks of WBL Corporation...
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United Engineers: Life After Takeover Offer (Part 3)
Near-term challenges across all business segments are expected, but UEL's strong balance sheet can provide support. We valued UEL using...
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United Engineers: Life After Takeover Offer (Part 2)
The General Offer by Yanlord Perennial for UEL's shares ended without much success. What is next for UEL? We tried to put ourselves in the position...
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United Engineers: Life After Takeover Offer (Part 1)
After the recent takeover episode at United Engineers, things seem to be back to the normal quiet state at this centennial company. But what is...
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