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The latest update is out from United Overseas Australia Ltd ( (AU:UOS) ).
United Overseas Australia Ltd announced a net transfer of shares between the Australian Securities Exchange (ASX) and the Singapore Exchange (SGX). The transfer involved 13,200 shares moving from SGX to ASX, resulting in a closing balance of 349,748,336 shares on ASX and 1,355,225,260 shares on SGX. This adjustment reflects the company’s strategic capital management and may impact its market positioning and stakeholder interests across its dual-listed platforms.
More about United Overseas Australia Ltd
United Overseas Australia Ltd, along with its subsidiaries and associates, is a diversified real estate group in Asia. The company is involved in various aspects of the real estate value chain, including development, investment, construction, and asset management. It operates through its listed entities in Australia, Singapore, Malaysia, and Vietnam, focusing on residential and commercial developments, hospitality assets, and healthcare facilities.
See more insights into UOS stock on TipRanks’ Stock Analysis page.