Oversea-Chinese Banking Corporation Limited (SGX:O39) and Great Eastern Holdings Limited (SGX:G07) are reviewing strategic options with respect to their combined stakes in United Engineers Limited (SGX:U04). In the aftermarket filing, Oversea-Chinese Banking and Great Eastern say no decision has been made yet and that there is no certainty that the strategic review will result in the completion of any transaction.
Stocks mentioned in the article
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18.69 SGD | +0.38% | +2.30% | 6.48B | ||
14.27 SGD | -0.42% | +4.08% | 47.4B | ||