WBL Corporation

SINGAPORE (Oct 25): Yanlord Land Group, the China-based property developer, has made an offer to pay $2.60 for each United Engineers share it does not own.

SINGAPORE (July 15): Towards end-June, a long-term United Engineers shareholder who has held his shares for more than 15 years, lamented the condition of UE BizHub City, the former UE Square, on Clemenceau Avenue.

SINGAPORE (July 14): Lim & Tan says it does not expect United Engineers to be taken private successfully in the latest offer.

SINGAPORE (July 13): A group led by Yanlord Land, together with Perennial Real Estate, is making an offer to acquire a 33.5% stake in United Engineers at $2.60 each.

SINGAPORE (June 1): Oversea-Chinese Banking Corp (OCBC) and its insurance arm, Great Eastern Holdings (GEH), say they have received proposals from “several parties” regarding their combined stakes in United Engineers (UEL) and WBL Corporation.

SINGAPORE (Feb 10): Oversea-Chinese Banking Corporation (OCBC Bank) and Great Eastern Holdings say they have received non-binding expressions of interests over their combined stakes in United Engineers and WBL Corporation as part of the strategic review.

SINGAPORE (Jan 5): United Engineers says that the strategic review by OCBC Bank and Great Eastern Holdings of their shareholdings in UE and WBL Corporation is still ongoing, even as OCBC and GE announced on Thursday that they have jointly appointed Credit

SINGAPORE (Sept 30): United Engineers’ share price jumped 4.5% on Tuesday to close at $2.52 after Oversea-Chinese Banking Corporation and Great Eastern Holdings said they were reviewing their combined investments in UE and WBL Corporation.