UOS 1.85% 55.0¢ united overseas australia limited

Can anybody explain what is the point of the proposed spin-off...

  1. 18 Posts.
    lightbulb Created with Sketch. 4
    Can anybody explain what is the point of the proposed spin-off of the development company? I would expect that it should be beneficial for shareholders generally (the biggest shareholder owns most of the company) but do not understand in what way.
 
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