Multi-Industry
The Edge Billion Dollar Club 2017
(Oct 23): United Engineers has come out on top in the multi-industry sector, partly on speculation about a potential offer. Between March 31, 2014 and March 31, 2017, shares in UE have returned an annualised 15.2%. Much of that return has been over the last 12 months, after Oversea-Chinese Banking Corp and Great Eastern Holdings announced in September last year a review of strategic options with respect to their combined stakes in UE and WBL Corp.
Have a premium account? Sign in to continue reading.
Unlimited access to all stories from $99.9/year*
The latest reporting and analysis from business and investments to news and views on social issues.
Bonus:
- Simultaneous logins across all devices
- Instant access to past digital issues
- Unlimited access to The Edge Malaysia
- *For annual subscription plan only. T&Cs apply
