City Developments Limited (CDL) and the UOL Group have been named CGS-CIMB Research’s top picks among the property sector as the month of July saw brisk home sales. “With the residential market still enjoying brisk transaction activity, we prefer developers with visible residential pipelines and...

An august name among property stocks looks set to make a comeback on the Singapore Exchange, only this time around it will be helmed by a 4G or fourth-generation leader. On April 23, in a special resolution that requires 75% of those present to vote in favour, United Industrial Corp (UIC) will be re...

UNITED Industrial Corp (UIC) is seeking approval from its shareholders later this month to change its name to Singapore Land Group.

THE proposed name change of United Industrial Corp (UIC) to Singapore Land Group is more than a cosmetic change, says chief operating officer (COO) Jonathan Eu. The real estate developer also has plans to rejuvenate and gentrify its aged office portfolio, as well as kick-start its ESG (envir...

More exciting than the rather staid Straits Times Index, is the performance of selected property related stocks such as Singapore Press Holdings (SPH), and United Industrial Corp (UIC) which has announced a name change to Singapore Land Group subject to shareholders’ approval at an EGM. City Devel...

UOL Group appears poised to break out of its twice tested resistance at $7.80 to $7.90. A successful break appears almost imminent. In this event, the immediate upside would be around $8.50. Quarterly momentum is skimming off its equilibrium line and appears poised to move above its resistance ...

CGS-CIMB analyst Lock Mun Yee has kept her “overweight” recommendation on the Singapore property sector despite a quieter February for home sales. “Developers’ valuations still look inexpensive to us, trading at a 50%discount to revalued net asset value (RNAV), close to 1.5 standard deviatio...

United Industrial Corp, better known as UIC, has experienced an improvement in its technical indicators. Short term indicators are rising, and quarterly momentum is resilient and appears poised for an upmove. Prices have moved above the 50- and 100-day moving averages at $2.34 and $2.32 respectively...

UNITED Industrial Corporation Ltd (UIC) announced on Monday that it has secured its first green and sustainability-linked loans amounting to S$300 million from UOB and DBS. They comprise a S$200 million sustainability-linked loan and a S$100 million green loan.

United Industrial Corporation Limited (UIC) has secured its first green and sustainability-linked loans from UOB and DBS Bank. The loans comprise two three-year revolving credit facilities that total up to $300 million. The $200 million sustainability-linked loan will go towards partially refinancin...