UOL Group (SG:U14) has released an update.
UOL Group Limited, in partnership with its subsidiary Singapore Land Group Limited, is in the early stages of negotiating the potential acquisition of a 50% interest in a combined office and retail space in Sydney, Australia. As discussions are ongoing without finalized terms or legal agreements, there’s no guarantee that the transaction will proceed. Investors are advised to trade cautiously and seek professional advice regarding their actions related to the company’s shares.
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