United Engineers

OCBC and Great Eastern confirm reviewing options with United Engineers stake

SINGAPORE (Sept 26): Oversea-Chinese Baking Corp (OCBC) and insurance arm Great Eastern Holdings confirmed they are reviewing strategic options with respect to their combined stakes in United Engineers.

OCBC said to consider sale of stake in United Engineers again

SINGAPORE (Sept 26): Oversea-Chinese Banking Corp. and affiliates are again weighing the sale of their stake in United Engineers, a century-old Singapore property and construction company, according to people with knowledge of the matter.

Results

UE posts 25% fall in 2Q earnings to $8 mil

SINGAPORE (Aug 12): Property group United Engineers has reported earnings of $8 million for its continuing operations in 2Q16, a 25% decrease from earnings of $10.7 million in 2Q15.
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United Engineers’ 1Q earnings plunge to $7 mil on lower revenue

SINGAPORE (May 11): Property, engineering, and construction group United Engineers (UE) saw 1Q16 earnings fall 72% to $6.9 million, down from $25.0 million in 1Q15.
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