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United Overseas Insurance Limited ( (SG:U13) ) just unveiled an announcement.
United Overseas Insurance Limited announced that it will not table resolutions requested by minority shareholders at its upcoming Annual General Meeting, as the requests did not meet statutory requirements. The resolutions involved distributing shares in Haw Par Corporation Limited and appointing a financial advisor to explore options for unlocking shareholder value. The company has considered the feedback and will address it at the AGM on 17 April 2025, encouraging shareholder participation.
More about United Overseas Insurance Limited
United Overseas Insurance Limited operates in the insurance industry, providing a range of insurance products and services. The company is based in Singapore and focuses on delivering value to its shareholders and stakeholders.
YTD Price Performance: 5.10%
Average Trading Volume: 100
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €317.5M
See more insights into U13 stock on TipRanks’ Stock Analysis page.