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Home / News / Print Week

UE comes out top on total return, but sector still struggles with weak earnings

In print this week

UE comes out top on total return, but sector still struggles with weak earnings

Benjamin Cher Published on Mon, Oct 23, 2017 / 8:00 AM GMT+8

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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.

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