UOL offer for SingLand closes with 99.8% stake

SINGAPORE (Jan 4): UOL's mandatory offer for Singapore Land shares has closed and is no longer open for acceptance.

As at 5.30pm on Wednesday, UOL and parties acting in concert with it held 411.2 million or 99.772% of SingLand shares.

UOL Group in November made the mandatory unconditional cash offer for all the shares in SingLand that it does not already own at $11.85 each.

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