Feb 24 (Reuters) - United Overseas Australia Ltd UOS.AX
* Entered into MOU to enter into formal agreement with Psaros Group of cos for development of residential, commercial site in East Perth
* Deal for a completion cost value of approximately A$28 million
* UOA will have a 51 pct equity in East Parade Pty Ltd special purpose entity which will carry out development Source text for Eikon: ID:nSNZ9qTfJn Further company coverage: UOS.AX