Name of Announcer * UNITED OVERSEAS LAND LTD
Company Registration No. 196300438C
Announcement submitted on behalf of UNITED OVERSEAS LAND LTD
Announcement is submitted with respect to * UNITED OVERSEAS LAND LTD
Announcement is submitted by * Foo Thiam Fong Wellington
Designation * Company Secretary
Date & Time of Broadcast 05-Aug-2005 18:34:55
Announcement No. 00100


Announcement Details
The details of the announcement start here ...

Announcement Title * ACQUISITION OF SHARES IN SUBSIDIARY

Description
Pursuant to Rule 704(15)(d) of the SGX-ST Listing Manual, the Company wishes to announce that its interest in subsidiary, Hotel Plaza Limited ("Hotel Plaza"), has increased to 307,726,000 shares or 76.93% of Hotel Plaza's issued and paid up capital (400,000,000 shares).

The increase in shareholdings was pursuant to the purchase of an aggregate of 172,000 Hotel Plaza shares from the open market on 5 August 2005 for a total consideration of approximately S$172,000/-.


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