It now has 632.2 million shares.
UOL Group announced that its interest in associated company, United Industrial Corp (UIC) has increased to 632.2m shares or 44.55% of the firm's issued capital of 1.4b shares.
According to SGX filing, the increase in its shareholdings was pursuant to off-market and open market purchase by its wholly-owned subsidiary, UOL Equity Investments of 380,600 UIC shares on Nov 4 at the price of $2.73 per share.
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