UE E&C: Sale of two 3-storey shophouses in Tanjong Pagar for $10.1m. Both properties have total land area of 3.1k sqft and leasehold period of 99 yrs and was valued at $7.5m in 31 Dec 2010. Co will recognise net gain of $2.5m from sale. Co trades at current P/B of 1.1x
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