SINGAPORE (Nov 15): OCBC Investment Research and CGS-CIMB Research are maintaining their “buy” and “add” calls on UOL Group with a fair value and price target of $8.41 and $8.45, respectively, post the release of the group’s 3Q18 financial results. While UOL Group had reported a significa...

DESPITE highlighting that the July cooling measures have affected sentiment in the Singapore residential property market, UOL Group is planning to launch two projects in the second quarter of next year.

SINGAPORE (Nov 13): UOL Group announced $92.8 million in earnings for the 3Q ended Sept, down more than sixfold from its restated 3Q17 earnings of $609.2 million in the absence of a one-off gain from the consolidation of United Industrial Corporation (UIC) group in 2017.   See: UIC posts 36% fall ...

UOL Group posted an 85 per cent decline in third-quarter group net profit to S$92.8 million from S$609.2 million in the year-ago period.

PROPERTY developer UOL Group said on Thursday that it is currently in preliminary confidential discussions with a party on the possible acquisition of an office building in Sydney, Australia.

SINGAPORE (Oct 15): When I started investing in the 1990s, I quickly became intrigued by companies with assets that were overlooked by the market. In some cases, the asset in question was simply a pile of cash or liquid securities. Other times, it was a strategically located parcel of land that coul...

SINGAPORE (Oct 16): CGS-CIMB Research is maintaining its “neutral” stance on Singapore’s property sector post the release of recent Urban Redevelopment Authority (URA) data, which reflected higher September monthly home sales of 944 transactions, up 51% m-o-m and 42% y-o-y. In a Monday report,...

SINGAPORE (Oct 2): CGS-CIMB Research is keeping its “neutral” stance on property developers amid slowing sales at new launches, following a slew of new property cooling measures introduced in July to curb rising home prices. “As property stocks’ performance has historically shown a high corr...

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 ...