The submission to SGX-ST for the proposed transfer is currently pending its approval.
The company, on May 31, drew a query from the Singapore Exchange Regulation (SGX RegCo) after its share price jumped 6.3% to 93 cents in the day.
See: Union Gas Holdings draws SGX query after share price leap
Shares in Union Gas closed 7.5 cents higher or 8.6% up at 95 cents on May 31.