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United Engineers
21-03-2019, 12:54 PM.
Post: #331
RE: United Engineers
Will YP make another offer for UE to cross the 50% threshold, to have effective control over UE and push Oxley out of the race ?

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22-03-2019, 05:05 PM.
Post: #332
RE: United Engineers
Y/P owns 35.2% , under the rule of SGX ,they are allow to buy only 1% of the issue shares in every 6 months . If they feel there is threat from Oxley Grp , they will have to do another g.o. , otherwise if Oxley make a g.o , then they will have to consider to accept the offer or counter bid , if they still want U.E.  .
“risk comes from not knowing what you’re doing.”
I don’t look to jump over 7-foot bars: I look around for 1-foot bars that I can step over.

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