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United Overseas Australia Director Increases Shareholding

Story Highlights
  • United Overseas Australia operates in real estate, focusing on property development.
  • Director Kong Chong Soon acquired 18.5 million shares, boosting his stake in the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
United Overseas Australia Director Increases Shareholding

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United Overseas Australia Ltd ( (AU:UOS) ) has issued an announcement.

United Overseas Australia Limited has announced a change in the director’s interest, with Kong Chong Soon @ Chi Suim acquiring an additional 18,554,272 ordinary shares through an off-market trade. This acquisition, valued at approximately $10.2 million, increases the director’s total shareholding to 1,237,356,240 shares, potentially strengthening his influence in the company and signaling confidence in its future prospects.

More about United Overseas Australia Ltd

United Overseas Australia Limited operates in the real estate industry, focusing on property development and investment. The company is known for its residential and commercial projects, primarily targeting markets in Australia and Malaysia.

Average Trading Volume: 120,268

Technical Sentiment Signal: Hold

Current Market Cap: A$916.9M

For a thorough assessment of UOS stock, go to TipRanks’ Stock Analysis page.

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