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Oxley's Ching raises his stake in UE to 16%

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Oxley's Ching raises his stake in UE to 16%

PC Lee Published on Fri, Mar 02, 2018 / 10:30 PM GMT+8

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SINGAPORE (Mar 2): Oxley Holdings has raised its stake in United Engineers (UE) to 16% from 15.94%.

This follows the acquisition of some 381,700 shares in the open market for $984.2 million on Wednesday.

Oxley's chief executive Ching Chiat Kwong and deputy CEO Low See Ching hold stakes of 42.73% and 28.67% in Oxley Holdings.

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