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SINGAPORE (Oct 29): OCBC Investment Research believes Yanlord Land Group’s mandatory general offer for all the shares in United Engineers (UE) that it does not hold is “unlikely to gain many acceptances”.
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