Perennial, Yanlord extends UE takeover offer to Sept 12

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SINGAPORE (Aug 29): Yanlord Perennial Investment (Singapore), the consortium led by Perennial Real Estate and Yanlord Land Group, have extended their takeover offer for United Engineers.

In a filing on Monday night, Yanlord Perennial says the closing date for both the ordinary share offer and preference share offer have been extended from Tuesday to 5.30pm on Sept 12.

As at 5pm on Monday, Yanlord Perennial and parties acting in concert with it own, control or have agreed to... (Click here to read the full story.)