by millionairemind » Tue Jun 08, 2010 7:28 pm
June 8, 2010, 6.46 pm (Singapore time)
UOL's unit buys 168K UIC shares at about S$2.089 each
By ANGELA TAN
UOL Group Limited said its subsidiary, UOL Equity Investments Pte Ltd, has bought 168,000 UIC shares from the open market on Tuesday at S$2.08893 per share.
As a result, its interest in associated company, United Industrial Corporation Limited (UIC), has increased to 32.141 per cent.
"If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he has been wrong" - Bernard Baruch
Disclaimer - The author may at times own some of the stocks mentioned in this forum. All discussions are NOT to be construed as buy/sell recommendations. Readers are advised to do their own research and analysis.