United Engineers

SINGAPORE (Nov 11): United Engineers reported a 10% on-year rise in 3Q16 earnings to $11.6 million from continuing operations after the disposal of Multi-Fineline Electronix and its subsidiaries, driven by the surge in other income.

SINGAPORE (Oct 27): UOB Kay Hian has initiated coverage on United Engineers (UE) , rating it a “buy” call with a target price of $2.96, citing the sale of the OCBC and Great Eastern stake a matter of when and not if.

SINGAPORE (Oct 13): DBS Research is maintaining a target price of $2.75 on United Engineers (UE) on news that OCBC and Great Eastern is mulling a sale of their collective 32% stake in the engineering developer, which will trigger a mandatory general offer

SINGAPORE (Oct 5): Singapore stocks ended Wednesday lower, snapping gains as developers lose ground on a mixed lead from other Asian markets.

SINGAPORE (Oct 5): Other than the joint announcement by Oversea-Chinese Banking Corp and Great Eastern Holdings on Sept 26 and the announcement by OUE on Wednesday, United Engineers says it is not aware of any undisclosed information that could explain it

SINGAPORE (Oct 5): Shares of OUE are down 3 cents to $1.76 after revealing it has been approached to see if it is interested in buying a stake in United Engineers, although it says it wasn’t in talks for such a deal.

SINGAPORE (Oct 5): OUE says the company "has been approached" to purchase shares in United Engineers.

SINGAPORE (Oct 4): OUE, backed by the billionaire Riady family, plans to pursue a stake in Singapore property and construction firm United Engineers, a person with knowledge of the matter said.

SINGAPORE (Sept 28): Here are some stocks that could move the market this Wednesday morning:

SINGAPORE (Sept 27): Singapore stocks ended Tuesday higher, thanks largely to a pickup across markets which appeared to welcome the apparent debate victory of Hillary Clinton over rival Donald Trump.