Monday, April 11, 2011

United Engineers rated 'outperform' by CIMB

Stock Name: UE
Company Name: UNITED ENGINEERS LTD ORD
Research House: CIMB

CIMB in an Apr 8 research report says: "UE has submitted the highest bid of $543 million ($774 psf GFA) for a 99-year leasehold Government Land Sale (GLS) site at Bendemeer Road.

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