SINGAPORE (Sept 18): CGS-CIMB Securities is remaining “neutral” on Singapore’s property sector after Aug 2018 private monthly home sales came in at 639 units, down 60% y-o-y and 64% m-o-m. In a Monday report, analyst Lock Mun Yee says she believes the latest data reflects a “much quieter” ...

SINGAPORE (Sept 8): UOL Group says its deputy group CEO, Liam Wee Sin, will be taking over Gwee Lian Kheng’s position as group chief executive starting from Jan 2, 2019. Gwee, who earlier in June this year announced his intention to retire by end-Jan 2019, will remain a director on the board once ...

SINGAPORE (July 16): UOL Group announced that its indirect wholly-owned subsidiary in Indonesia, PT Success Venture Serviced Suited Investments, is acquiring 180 apartments and ancillary facilities at Thamrin Nine’s Tower 2 in Jakarta, Indonesia for US$56.2 million from Putragaya Wahana. The group...

UOL Group on Monday announced that it has acquired 180 apartments and ancillary facilities at Thamrin Nine's Tower 2 for US$56.3 million from Indonesian developer PT Pu-tragaya Wahana. It plans to develop the apartments into a 180-key Parkroyal Serviced Suites.

UOL Group on Monday announced that it has acquired 180 apartments and ancillary facilities at Thamrin Nine's Tower 2 for US$56.3 million from Indonesian developer PT Putragaya Wahana. It plans to develop the apartments into a 180-key Parkroyal Serviced Suites. 

SINGAPORE (July 9): OCBC is maintaining its “buy” call on UOL Group with a lowered fair value estimate of $8.48. This follows the Singapore government’s latest cooling measures on the residential property market. See: Singapore raises ABSD, tightens LTV after strong property price gains Announ...

UOL's group chief executive Gwee Lian Kheng will retire on Jan 31 next year, after 45 years of service.

UOL Group's group chief executive Gwee Lian Kheng will retire on Jan 31 next year after 45 years of service.