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AWARD OF TENDER FOR RESIDENTIAL SITE (WITH COMMERCIAL USE) AT SILAT AVENUE BY URA

* Asterisks denote mandatory information

Name of Announcer*
UOL GROUP LIMITED
Company Registration No.
196300438C
Announcement submitted on behalf of
UOL GROUP LIMITED
Announcement is submitted with respect to*
UOL GROUP LIMITED
Announcement is submitted by*
Yeong Sien Seu
Designation*
Company Secretary
Date & Time of Broadcast
17 May 2018, 12:14 pm
ANNOUNCEMENT DETAILS
Announcement Date / Time
17 May 2018, 12:14 pm
NARRATIVES
Event Description

The Board of Directors of UOL Group Limited wishes to announce that the Urban Redevelopment Authority ("URA") has awarded the tender jointly submitted by (i) its wholly-owned subsidiary UOL Venture Investments Pte. Ltd., (ii) UIC Homes Pte. Ltd., a wholly-owned subsidiary of United Industrial Corporation Limited and (iii) Kheng Leong Company (Private) Limited, for the residential site at Silat Avenue (with commercial use) at a tender price of S$1,035,300,000, subject to the conditions of tender as set out in the tender documents.

Please see attached detailed announcement.

ATTACHMENTS
Attachments