infopub.sgx.com/FileOpen/AnntInRelationT...cement&FileID=288172
ANNOUNCEMENT IN RELATION TO QUERY REGARDING TRADING ACTIVITY
UE E&C Ltd. (the "Company") refers to the query on 24 March 2014 from the Singapore Exchange
Securities Trading Limited ("SGX-ST"), regarding the unusual price movements in the shares of the
Company.
The Company wishes to announce that it has been informed that its controlling shareholder, United
Engineers Limited, is currently in discussions with a third party in connection with the sale of its
shareholding in the Company, which may or may not lead to a general offer for the shares of the
Company. The Company understands that these discussions remain ongoing and no binding
agreement has been reached. As such there is no assurance that the transaction will actually
proceed.
Save as stated above, the Company is not aware of any other possible explanation for the trading
activity.
The Company confirms that it is in compliance with the listing rules of the SGX-ST and, in particular,
Rule 703 of the Listing Manual.
Shareholders are advised to refrain from taking any action in respect of their shares in the Company
which may be prejudicial to their interests, and to exercise caution when dealing in the shares of the
Company. The Company will update shareholders in due course when it becomes aware of any
material developments.
BY ORDER OF THE BOARD
Tan Ching Chek
Company Secretary
24 March 2014
SGX 24/3/14 Announcement Page