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(Post 1 of 1557)   05/23/1999.10:45:00
Author :
Michael
lotsa of married deal was done on last week. And big support resistance was done at 98 cents.
Should rather interesting to watch this counter. If it break $1 then it should test the next resistance line of $1.2~1.3

As during the past weeks those that are not confident in UIC has already sell off their shares to cut loses. And looking at the trend of the chart it is at the bottom of the second waves. Unlessd premature testing of a new low occur. However, at the current price it is still a good HOLD.

As married deal of thousands has been done. If it is not a good hold why are them done?

The one week trend of UIC is still in negative area however, the one month trend it will rise to 5%~6%, if the current trend is not abbrevated by further eroding it should end at $1.05

Secondly UOB has just stake up its holding in UIC and we will have to see whether they will continue to stake up the holding a not? And what will the new Filipino shareholder react to that.

Lastly, where it is most dangerous and most lucrative and also dangerous. Will Wee let the warrant to be turn into worthless paper or is he consolidating the shares at this level so that he will push it up to higher level?

Pls comment

(Post 2 of 1557)   06/10/1999.14:53:00
Author :
Flykite
Michael, good observation in your last posting. The stock ran up a week later. It has since settled down from the high, but I'm seeing some activities again.

If you look at the candlestick chart, you will see that it is at the breakout point of a strong head-and-shoulder formation. It'll be interesting to see if it can reach 1.2 if it breaks out.

(Post 3 of 1557)   07/01/1999.00:06:00
Author :
Wsh226
As long as the oldman Wee is in control, UIC's share price is hard to have a breakthrough above 1.20.

My personal opinion.

(Post 4 of 1557)   07/21/1999.21:51:00
Author :
Mccool
UOB Bank increases UIC stake

Singapore, July 21 - United Industrial Corp Ltd said on Wednesday its substantial shareholder United Overseas Bank Ltd (UOB) had bought shares in the company. It said in a statement to the stock exchange that UOB bought 4.09 million shares at S$0.9334 each on Monday, raising its stake to 6.62 percent from 6.32 percent.

On Wednesday, UIC shares ended at S$0.965, down 1.5 cents. Source: Reuters

(Post 5 of 1557)   09/30/1999.10:25:00
Author :
Echo
McCool,

Any idea abot the party that takes up 500 lots of UIC this morning. Could it b UOB?

The problem with SES announcements is that it's always a day/many days behind time.

8-((

(Post 6 of 1557)   09/30/1999.19:03:00
Author :
Mccool
Echo

No idea, but seem to be seeing quite a bit of purchases by UOB lately, must be Wee Cho Yau, of course.

Have you checked SES announcements?

rgds

(Post 7 of 1557)   11/10/1999.06:31:00
Author :
Kelvinsan
Anyone ??
I converted 30 lots warrants to mother, average cost is S$ 1.20. Getting sick of this 'steady' share. Thinking to transfer the fund to other 'moving' share. What say you?

(Post 8 of 1557)   11/10/1999.06:45:00
Author :
Oldman
This is a good share. Like all good shares, one needs lots of patience.

(Post 9 of 1557)   11/10/1999.18:40:00
Author :
Evergreen
Agreed with oldman that this is a good share. Have sold my 10 lots of UIC at 0.89 cts before 30 Sep 99 in order to withdraw profit fr CPF. Have bought back 5 lots at 1.05 for keeps till it reach at least 1.30. This Co. Financial results is getting better each yr. Also noticed that UOB have been increasing their stakes.

(Post 10 of 1557)   11/15/1999.17:21:00
Author :
Retro
UIC is indeed lagging behind during this run.
Profit of $34000 million and Wee Chow Yai = no problem.

TA view is that it is oversold and the stochi are pointing to further upsides. MACD is picking up to crossing 0 soon. RSI on 20 days is a good 40.

Worth considering indeed. Ok..tats all...time to rest b4 booking in =P

(Post 11 of 1557)   11/15/1999.19:04:00
Author :
Lion
Retro, regards the Q that u've ask on e-mail.

Sorry, 'cos I've been busy in house moving and can't answer u.

Btw, I do not follow OTC counters (remember ? I mentioned b4). Eg. TCIL, StarCruise, Genting etc...

Btw, agreed with views on InchMotor. Looks like u've pick up very fast in TA. Is it that u're going for the course end of the yr ?

Wah ! Then it will be "shi4 bei4 gong1 ban4".
Great, hope u will be having much greater success in yr investment.

Rdgs (currently not able to access computer at home)

(Post 12 of 1557)   12/03/1999.16:51:00
Author :
Eka
UNITED INDUSTRIAL CORP LTD


Pursuant to Clause 904(1)(d) of the Stock Exchange of Singapore Listing Manual, the Company wishes to announce that its deemed interest in subsidiary Singapore Land Limited ('Singland') held through its wholly-owned subsidiaries, UIC Investment Pte Ltd, UIC Enterprise Pte Ltd and UIC
Development (Private) Limited has increased to 201,333,884 shares or 58.55% of Singland's issued and paid up capital through UIC Development (Private) Limited's acquisition of 155,000 shares in Singland on 2 December 1999.


BY ORDER OF THE BOARD
Submitted by April Jacqueline Loh, Company Secretary on 03/12/1999 to the SES

(Post 13 of 1557)   12/06/1999.01:20:00
Author :
Eka
UIC unit acquires 35,222 sq ft site for 33.39 mln sgd

United Industrial Corp Ltd said its unit Union
Commodities Pte Ltd has agreed to purchase the 35,222-square-foot site of the Balestier Mansion near the Novena MRT station for 33.39 mln sgd.

The site, with a plot ratio of 2.80 times, pending approval of the Land Dealings Unit, can be redeveloped into a 30-storey residential apartment with a build-up area of 98,621 square feet, it said.

Based on the proposed plot ratio, the effective purchase price is around 340 sgd per square foot, it said.

(Post 14 of 1557)   12/09/1999.12:23:00
Author :
Eka
UNITED INDUSTRIAL CORP LTD

Pursuant to Clause 904(1)(d) of the Stock Exchange of Singapore Listing Manual, the Company wishes to announce that its deemed interest in subsidiary Singapore Land Limited ('Singland') held through its wholly-owned subsidiaries, UIC Investment Pte Ltd, UIC Enterprise Pte Ltd and UIC Development (Private) Limited has increased to 201,992,884 shares or 58.74% of Singland's issued and paid up capital through UIC Development (Private) Limited's acquisition of 659,000 shares in Singland on 8 December 1999.

Submitted by April Jacqueline Loh, Company Secretary on 09/12/1999 to the SES

(Post 15 of 1557)   01/11/2000.01:57:00
Author :
Lion
UIC - Something's brewing up!
uic.gif

Edareka,
1. Nothing much about Brilliant (can't find Apex as well).
2. Take note of UIC.

- Suspect symmetric formation. A close above $0.97 would targeting objective of $1.04 ~ $1.08

1st entry accumulation if prices closes above $0.97
(taking certain risk, buy at current level)

(Post 16 of 1557)   01/11/2000.12:24:00
Author :
Edareka
Lion, thanks for the chart. Erh.....you shouldn't be up that late in the night. Do take care of yourself.

(Post 17 of 1557)   01/25/2000.20:25:00
Author :
Patzer
Anyone has a view of UIC's price slide over the last two weeks, and especially today, please? Has it been dragged down by the poor market sentiment or something specific to the company? I remember UOB/WCY group accumulating at around 93c last Nov or Dec. Has something changed? I have a vested interest. Thanks.

(Post 18 of 1557)   01/25/2000.22:06:00
Author :
Moneyface
Hi Patzer,

Bought UIC at 0.945 on 12/1 (the day after increase in trading vol).

For the week ending 14/1, the prices were well supported especially during closing, but for the week ending 21/1, it seems support were almost non-existence.

Today, sold off all my holding at 0.85, after seeing prices coming off yesterday low of 0.855 (my stop loss level) and also felt uneasy with the way the counter was being 'dump'. May re-enter when prices stabilise

Switched to DBS Land instead at 2.60, feel that the downside for this counter is limited.

(Post 19 of 1557)   01/25/2000.22:39:00
Author :
Patzer
Thanks Moneyface,
I'll hang on for a while more, having just bought at 86c and maybe even buy more at below 80c. I expect buying support from the major shareholders who had been willing to pay above 90c before. Besides, the stock is fundamentally ok with an acceptable P/E.
I agree with you on DBS Land. Thanks again.

(Post 20 of 1557)   01/25/2000.23:42:00
Author :
Kind_doctor
Had a look at the chart it does look rather alarming. I don't think you were looking for a TA opinion.

A quick click to SES website reveals that UIC has been accumulating lots of SingLand shares (now up to 59%). As you know, property stocks are in a downturn at the moment - to put it mildly. Despite this, SingLand shares continue to fall.

I don't know how this actually affects UIC's price apart from the possibility that investors disapprove of collecting SingLand shares at a time like this. (Is Wee Cho Yaw planning to delist SingLand or something?).

Maybe Fundollar can help.

(Post 21 of 1557)   01/25/2000.23:43:00
Author :
Kind_doctor
It might also help if you ask and remind yourself why you bought into UIC in the first place, and if that reason is still valid.

(Post 22 of 1557)   01/26/2000.00:05:00
Author :
Kind_doctor
Actually, using Occam's razor, the reason for UIC's fall is very simple - it's the major shareholder of SingLand, which has been falling (see Lion's post).

(Post 23 of 1557)   01/28/2000.01:30:00
Author :
Patzer
Thanks, Kind Doctor. I only saw the mopping up of SingLand's shares by UIC as part of a larger scheme by Messrs Wee et al to raise his shareholdings in the companies in his stable. My honest feeling is that he must know what he is doing or he knows something that we don't. So, I did not see it as a negative thing. I bought in this week because I thought the downside risk was low (but I have been wrong before). As you can guess, I'm not much of a TA type. In any case, I made sure that I did not overcommit. Best regards.

(Post 24 of 1557)   01/28/2000.22:25:00
Author :
Silverbullet
Patzer, watch out when it announce the earning report !

UIC

(Post 25 of 1557)   01/29/2000.20:02:00
Author :
Mlee
hi;
i agreed...i noted the buying by old man wee early in the week.
in my work circle, we regard wee as a sly fox, someone who managed to hold on his position despite government pressure.....
i believe, we will see something from singland soon, maybe the warrent will spark some interest in this "big elephant"
have vested interest

my 2 cent view

(Post 26 of 1557)   01/29/2000.22:08:00
Author :
Arty
Some young turks may be spoilt for a fight with oldman Wee . In the old days , he fought nail and tooth with Jack Chia ( God Bless his soul ) for control over Haw Par. Most of us shareholders find it amusing with all the tirades flying here and there that one joker dubbed it the Battle of the Botaks. Wee won . But he has to pay Jack and us a heavier premium to take the lots from us.

Yes , he is a sly old fox. Some think he is a chinese chauvinist but I think he is a reasonable man. So how about it Mr Wee ; want to take 5 lots of Singland from me ?

(Post 27 of 1557)   02/19/2000.13:43:00
Author :
Mdfali
Hi, anyone heard any news? My remisier recommended to buy on dip this counter as he expected some good news will be out. He did't tell me the exact date.

(Post 28 of 1557)   02/19/2000.13:46:00
Author :
Mccool
Try reading this BT article again.

text/html1
uic_and_hpl.html (17 k)

(Post 29 of 1557)   02/19/2000.13:50:00
Author :
Mccool
text/html1
uic_-_notice_of_changes_in_sub_.html (5 k)

(Post 30 of 1557)   02/19/2000.14:45:00
Author :
Mdfali
Mccool,

Thanks FYI, wow....2950 lots, something is brewing. Prefer to go in below 0.80, expected selling pressure on monday so it is an opportunity, isn't it.

(Post 31 of 1557)   02/19/2000.16:30:00
Author :
Netcom
folks,
mr. wee is on active shopping spree buying up singland from uic, and buying uic himself. hope you guy see the helicopter view of what he is trying to do. singland nta is at 8.00 or more, and uic bo singland from open at 3.30-3.50(huge discount compare to 8.00), and he bo uic himself.
recent news that UOB is teaming up with GE capital of US to setup a pprty fund to invest in asia next month. so if you want a piece of action, go for uic.

(Post 32 of 1557)   02/19/2000.16:40:00
Author :
Mccool
I've no interest in this counter. Since you asked, I just did some retrieval of information from the archives.

rgds

(Post 33 of 1557)   02/19/2000.19:35:00
Author :
Fundollar
Besides SingLand, UIC, he is also actively buying up UOL, HawPar ... infact he keep on buying whole year round... wonder when he recieves his director fees from various companies, he probably put it into good use to buy more.

I too been observing the heighten activities on Singland/UIC.... but more gold might get minted elsewhere, HawPar+UOL are the major attack vehicles of the UOB group, to gear up for battle... may see a rapid awakening of the yet undervalued+sleepy HawPar group share prices first. :)

(Post 34 of 1557)   02/21/2000.18:28:00
Author :
Ann
Aiya, they always shop and shop and buy & buy
but somehow the price doesn't seem to move all these while! Can not tahan!

I've been holding on with 10lots, I can't wait to get rid of this counter as it is moving as slow as
a tortoise...you know?

Anyway, hope there are more postive news coming along. Please post if any!

Cheers!

(Post 35 of 1557)   02/24/2000.11:06:00
Author :
Warren
Talk is Philippines party will most probably stop at 24.99%...so the still got some buying to do?


UNITED INDUSTRIAL CORP LTD


Notice Of Change In Substantial Shareholder's Interests


Name of substantial shareholder: Telegraph Developments Limited

Date of notice to company: 18/02/2000

Date of change of interest: 17/02/2000

Name of registered holder: Telegraph Developments Limited

Circumstance giving rise to the change: Open market purchase


No. of shares of the change: 2,950,000
% of issued share capital: 0.214

Amount of consideration per share excluding brokerage,GST,stamp duties,clearing fee: S$0.8042

No. of shares held before change: 314,010,000
% of issued share capital: 22.8
No. of shares held after change: 316,960,000
% of issued share capital: 23


JG Summit Philippines Limited which is the holding company of Telegraph Developments Limited is deemed to have an interest in the shares in which Telegraph Developments Limited has an interest in.

JG Summit Holdings, Inc. as the holding company of JG Summit Philippines Limited is deemed to have an interest in the shares in which JG Summit Philippines Limited has an interest in.

Gokongwei Brothers Foundation is deemed to have an interest in the shares which JG Summit Holdings, Inc. has an interest in by virtue of their holding of not less than 20% of the voting shares in JG Summit Holdings, Inc.

Mr John Gokongwei Jr. is deemed to have an interest in the shares which JG Summit Holdings, Inc. has an interest in by virtue of Mr Gokongwei Jr.'s holding of not less than 20% of the voting shares in JG Summit Holdings, Inc.

Submitted by April Jacqueline Loh, Company Secretary on 18/02/2000 to the SGX

(Post 36 of 1557)   02/24/2000.12:03:00
Author :
Eka
UIC/UOL higher on speculation UOB may sell property stakes

Shares of United Industrial Corp and United Overseas Land were higher in late morning trade on speculation United Overseas Bank chairman Wee Cho Yaw may now be forced to sell the bank's property holdings, dealers said.

They said the speculation was triggered by a Business Times report that the Monetary Authority of Singapore could be issuing a new rule in April that will require banks to divest their non-banking assets.

At 11:46 am, UIC was up 0.05 at 0.80 sgd on 2.60 mln shares, while UOL was up 0.03 at 1.20 on 795,000 shares.

UOB, which holds a direct 43.0 pct stake in UOL and around 8.0 pct stake in UIC, was up 0.30 at 11.40 on 1.10 mln shares. UOB's direct and indirect stake in UIC is around 23.0 pct, including UOL's 15.0 pct stake in UIC.

Singapore Land, which is owned 59.0 pct by UIC and 7.90 pct by UOB, was unchanged at 3.20 on 211,000 shares.

"I don't see (UOB chairman) Wee Cho Yaw wanting to sell out of the bank's property interests but I guess he won't have a choice if MAS requires banks to sell these non-bank assets," an analyst with a local brokerage said.

She, however, thinks that MAS will not issue a policy to force banks to do what it wants them to do. "If they impose this on the banks, it will look very harsh."

But an analyst with a local bank-linked brokerage said Wee could restructure his family's property holdings separate from the banks should MAS impose such a ruling.

"I think he (Wee) would like to keep the property interests and he could put them somewhere else away from the bank," he said.

Both analysts said UIC is leading the gains among UOB property companies because it is also seen as a takeover target should UOB divest its property interests.

A takeover, they said, could be mounted by JG Summit Holdings chairman John Gokongwei of the Philippines, who last year bought a 23.0 pct stake in UIC from the Salim group after Payson Cha of Hong Kong walked away from the deal.

Gokongwei, through JG Summit unit Telegraph Developments Ltd, paid 311 mln sgd or 1.0 sgd per share for the UIC stake.

"Gokongwei has been buying UIC shares in the market. He may be interested in making a takeover offer should UOB decide to sell out," the local brokerage analyst said.

Dealers, however, said Gokongwei is probably buying because of the attractive market price of UIC now. "(Gokongwei) bought his stake for 1.0 sgd per share and the share price is around 0.80 sgd now," one dealer said.

(Post 37 of 1557)   02/24/2000.12:28:00
Author :
Ann
Eka, Warren,
So great to know there are news on UIC!
Finally to see some light, Phew!

But how would you interpret from the message?

With vested interests..

(Post 38 of 1557)   02/24/2000.14:09:00
Author :
Eka
UIC like honey to bees


A local newspaper reported that the MAS may issue a ruling within the next two months, for banks in Singapore to dispose of their non-financial assets. That means that UIC's controlling shareholder, the United Overseas Bank (UOB) would have to relinquish its 23% stake in UIC.

This would pave the way for a takeover bid of UIC. Although the detergent-maker's business alone may not look like an attractive buy, the main attraction for interested parties would be its 57% stake in Singapore Land. Singapore Land owns some of the priciest investment properties on the island.

But would-be buyers of UIC would have to battle Filipino-Chinese tycoon John Gokongwei Junior, who bought a 22% stake in the Singapore company last year. Although the market was disappointed that Gokongwei has not made his move yet, it appears that he is biding his time. In fact, Gokongwei has been building his shareholdings in UIC and recently bought a further three million shares, raising his stake to 23%.

Sparks will fly if another potential buyer enters the picture. After all, gaining control of Singapore Land would immediately give the successful bidder an instant portfolio of some of the choicest office properties in the country.

Look for UIC to attract more market and media interest in coming weeks, especially if a bidding war erupts. The stock has the potential to rise to S$0.90 in coming weeks, from S$0.815 at 04:00 GMT on Thursday.

(Post 39 of 1557)   02/25/2000.03:41:00
Author :
Lauwswin
Hi all,

From the strong financial status, Singland is most possible vehicle for Wee to takeover all the companies from UOB, but now UIC is own appro 59+% of Singland, so guess who will win, and how they go, very interesting for the next three months.

Just my 2cents of view.

(Post 40 of 1557)   02/25/2000.14:34:00
Author :
Edareka
Hope it will go north! Have vested interest.

(Post 41 of 1557)   02/27/2000.20:22:00
Author :
Wsh226
WIll UOL & UIC merge one day?

haha,just my dream.....

(Post 42 of 1557)   02/28/2000.21:17:00
Author :
Peterpan
well, UIC has been loading up SingLand too, and Singland is also trading at a steep discount to its RNAV but it is still a dead duck for now. so the market really does not care whether insiders are buying?

(Post 43 of 1557)   03/21/2000.05:30:00
Author :
Eka
UNITED INDUSTRIAL CORP LTD


The Board of Directors of United Industrial Corporation Limited ("UIC or the Company") wishes to announce that on 15 March 2000, the Company through its wholly owned subsidiary, UIC Development (Private) Limited divested 490,000 shares or 49% of its shareholdings in Three Dolphins Company Limited to Moblex Company Limited at an aggregate consideration of Baht 109.85 million (equivalent to approximately S$4.9 million) resulting in an extraordinary gain of S$3.8 million. At the same time, the subsidiary received full repayment of its shareholder's loan to Three Dolphins Company Limited amounting to Baht 30.873 million (equivalent to approximately S$1.4 million).

Three Dolphins Company Limited owns two land parcels in Thalang District of Phuket, Thailand.
The said divestment will not have any significant effect on UIC Group's net tangible assets or earnings per share for the financial year ending 31 December 2000.

None of the directors or the substantial shareholders of UIC has any interest, direct or indirect, in the said divestment.

Submitted by April Jacqueline Loh, Company Secretary on 20/03/2000 to the SES

(Post 44 of 1557)   03/29/2000.06:12:00
Author :
Eka
United Industrial 1999 net profit pre-extras 71.044 mln sgd vs 46.618

United Industrial Corp Ltd 1999 results:

Net profit pre-extras - 71.044 mln sgd vs 46.618 mln

Net profit - 56.140 mln sgd vs 34.410 mln

Sales - 400.565 mln sgd vs 380.883 mln

Opg profit - 158.914 mln sgd vs 136.450 mln

EPS (pre-extra) - 5.2 cents vs 3.4 cents

Final div - 1.0 pct, unchanged

In a statement releasing its results, the company said its operating results for 2000 are expected to be maintained at the 1999 level.

It said the company saw a 5 pct increase in turnover in 1999 due to a first full year rental income from West Mall, Abacus Plaza and Compaq Centre and the higher sales in the travel division.

Interest income, primarily from bank deposits, fell by 31 pct to 8.845 mln sgd, in line with the lower interest rates.

Operating profits rose by 16 pct due mainly to the additional earnings from West Mall, lower operating expenditure and improved performance from securities trading activities.

Interest on borrowings also fell by 51 pct to 24.181 mln sgd.

Lower earnings from the Marina Square retail mall and Sheraton Tianjin Hotel, as well as the write-down of Singapore Soviet Shipping's vessels, resulted in a 9 pct drop in income derived from associated companies, the statement said.

The company recorded an extraordinary loss of 25.662 mln sgd.

Of the total 15.003 mln sgd came from the provision of diminution in value of long-term investments, while 10.619 mln sgd from the provision for the diminution in value of associated companies.

(Post 45 of 1557)   04/05/2000.05:59:00
Author :
Eka
UNITED INDUSTRIAL CORP LTD


Notice Of Change In Director's Deemed Interests
.

Name of director:
John Gokongwei, Jr.

Date of notice to company: 04/04/2000

Date of change of deemed interest: 03/04/2000

Name of registered holder:Telegraph Developments Limited

Circumstance giving rise to the change: Open market purchase

No. of shares of the change: 3,983,000
% of issued share capital: 0.29

Amount of consideration per share excluding brokerage,GST,stamp duties,clearing fee: S$0.7182

No. of shares held before change: 317,590,000
% of issued share capital: 23.06
No. of shares held after change: 321,573,000
% of issued share capital: 23.35

Submitted by April Jacqueline Loh, Company Secretary on 04/04/2000 to the SES

(Post 46 of 1557)   04/05/2000.06:01:00
Author :
Eka
UNITED INDUSTRIAL CORP LTD


Notice Of Change of Substantial Shareholder's Interests
.

Name of substantial shareholder:
Telegraph Developments Limited

Date of notice to company: 04/04/2000

Date of change of interest: 03/04/2000

Name of registered holder: Telegraph Developments Limited

Circumstance giving rise to the change: Open market purchase

No. of shares of the change: 3,983,000
% of issued share capital: 0.29

Amount of consideration per share excluding brokerage,GST,stamp duties,clearing fee: S$0.7182

No. of shares held before change: 317,590,000
% of issued share capital: 23.06
No. of shares held after change: 321,573,000
% of issued share capital: 23.35

JG Summit Philippines Limited which is the holding company of Telegraph Developments Limited is deemed to have an interest in the shares in which Telegraph Developments Limited has an interest in.

(Post 47 of 1557)   04/09/2000.05:43:00
Author :
Eka
UNITED INDUSTRIAL CORP LTD


Notice Of Change of Substantial Shareholder's Interests
.

Name of substantial shareholder:
Telegraph Developments Ltd

Date of notice to company: 07/04/2000

Date of change of interest: 06/04/2000

Name of registered holder:Telegraph Developments Ltd

Circumstance giving rise to the change:Open market purchase

No. of shares of the change: 1,409,000
% of issued share capital: 0.102

Amount of consideration per share excluding brokerage,GST,stamp duties,clearing fee: S$0.7165

No. of shares held before change: 321,573,000
% of issued share capital: 23.35
No. of shares held after change: 322,982,000
% of issued share capital: 23.45

JG Summit Philippines Limited which is the holding company of Telegraph Developments Limited is deemed to have an interest in the shares in which Telegraph Developments Limited has an interest in.

JG Summit Holdings, Inc. as the holding company of JG Summit Philippines Limited is deemed to have an interest in the shares in which JG Summit Philippines Limited has an interest in.

Gokongwei Brothers Foundation is deemed to have an interest in the shares which JG Summit Holdings, Inc. has an interest in by virtue of their holding of not less than 20% of the voting shares in JG Summit Holdings, Inc.

Mr John Gokongwei Jr. is deemed to have an interest in the shares which JG Summit Holdings, Inc. has an interest in by virtue of Mr Gokongwei Jr.'s holding of not less than 20% of the voting shares in JG Summit Holdings, Inc.

Submitted by April Jacqueline Loh, Company Secretary on 07/04/2000 to the SES

(Post 48 of 1557)   04/09/2000.05:44:00
Author :
Eka
UNITED INDUSTRIAL CORP LTD


Notice Of Change In Director's Deemed Interests
.

Name of director:
John Gokongwei, Jr.

Date of notice to company: 07/04/2000

Date of change of deemed interest: 06/04/2000

Name of registered holder: Telegraph Developments Ltd

Circumstance giving rise to the change:\b[Open market purchase }

No. of shares of the change: 1,409,000
% of issued share capital: 0.102

Amount of consideration per share excluding brokerage,GST,stamp duties,clearing fee: S$0.7165

No. of shares held before change: 321,573,000
% of issued share capital: 23.35
No. of shares held after change: 322,982,000
% of issued share capital: 23.45

Submitted by April Jacqueline Loh, Company Secretary on 07/04/2000 to the SES

(Post 49 of 1557)   04/09/2000.18:58:00
Author :
Evergreen
Is something brewing or abt to? Too bad couldn't use CPF to buy more. Got to watch this one.

(Post 50 of 1557)   04/10/2000.21:33:00
Author :
S_kancil
Anyone comment on this....thanks


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