Friday, October 25, 2013
United International Securities
United International Securities: UOB , as the 45.2% controlling shareholder, has requisitioned for an EGM to consider a members' voluntary liquidation of the investment holding company.
UIS shares are up 23% to $1.385, gravitating toward its $1.49 NAV/sh, likely on expectations of a return on capital.
Yesterday, UIS also released 3Q13 results, with net profit up 4-fold to $1.6m, boosted mainly by higher dividend income.
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