SINGAPORE (July 9): UOL Group and United Industrial Corporation (UIC) have jointly put in the winning bid of $491.3 million for the residential site located at Clementi Avenue 1. The leasehold residential site has a total site area of 178,064 sf and an estimated gross floor area of 623,230.4 sf. Th...

A STATE tender for a 99-year leasehold private housing site along Clementi Avenue 1 has attracted five bids. 

A STATE tender for a 99-year leasehold private housing site along Clementi Avenue 1 has attracted five bids. 

SINGAPORE (June 19): CGS-CIMB Research is maintaining the Singapore property sector at “overweight” following a 28% month-on-month increase in home sales volume in May. Some 952 new private housing units were sold in May, 28% higher than in April, but 15% lower compared to May 2018. The bulk of...

Submitted By:  Nathanielle Punay Case Study:  No ThaiBev, who was the fourth least-performing stock in 2018, now posted the best total return of 27.2%. The Straits ...

SINGAPORE (May 17): SBS Transit’s share price is up some 51% this year alone. But despite the surge, the downside may be limited. Investors tend to flock to comparative plays when companies are privatised. An example of this is the privatisation of Keppel Land, which benefited mid-cap property pl...

SINGAPORE (May 14): DBS Vickers Securities is maintaining its “buy” call on UOL Group with a target price of $8.53, which implies 0.8 times P/NAV and is pegged to a 35% discount to RNAV after taking into account the group’s higher valuation as well as stake in Marina Centre Holdings (MCH).  ...

Submitted By:  Luz Wendy Noble Case Study:  No It has a retail mall and three hotels in the Marina Bay area. UOL could gain from revamp and redevelopment potential...

Submitted By:  Nathanielle Punay Case Study:  No The firm’s expenses more than doubled to $182.3m. UOL Group profits slipped 5% YoY to $72.4m in Q1 from $76m ...

PROPERTY group UOL's net profit fell 5 per cent year-on-year to S$72.36 million for the first quarter ended March 31 after an accounting reversal of S$31.9 million relating to the consolidation of United Industrial Corporation (UIC). Stripping out the accounting reversal, net profit would ha...