UOL ups interest in United Industrial Corporation

Share were bought for S$2.75337 each.

UOL Group Limited announced that its interest in associated company United Industrial Corporation Limited has increased to 596,133,565 shares or 43.257% of UIC’s issued capital.

The increase in its shareholdings was pursuant to the purchase by wholly-owned subsidiary UOL Equity Investments Pte Ltd of an aggregate of 210,000 UIC shares from the open market on 16 November 2012 for the price of S$2.75337 per share.

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