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| Acquisitions and Disposals |
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| Description | The Directors of United Industrial Corporation Limited (the "Company") wish to announce that its wholly-owned dormant subsidiary in Hong Kong, UIC GROUP LIMITED, had upon its own application been deregistered and accordingly dissolved as at 7 May 2010 pursuant to Section 291AA(9) of the Hong Kong Companies Ordinance. The above transaction is not expected to have any material impact on the net tangible assets or earnings per share of the Company for the current financial year ending 31 December 2010. |
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