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.

SINGAPORE (June 27): The divergence between the share price performances of Singapore developers and their actual business fundamentals has presented buying opportunities for investors, says OCBC Investment Research, who continues to hold a positive view on the outlook of the local property market. ...

SINGAPORE (June 20): Maybank Kim Eng is remaining positive on Singapore’s property sector on expectations of the recent home-price rally to continue, with buying opportunities arising from the current share price weakness among developers. In a Monday report, analyst Derrick Heng notes that specul...

SINGAPORE (June 19): CGS-CIMB Research is keeping its “overweight” call on the Singapore property sector, following a 53% month-on-month surge in private home sales in May. A total of 1,121 units were sold during the month, some 8% higher than a year ago. “The bulk of the sales were in the Out...

UOL Group has gained statutory control of United Industrial Corporation (UIC), after its stake in UIC crossed 50 per cent on Wednesday.

SINGAPORE (June 13): CGS-CIMB Research is reiterating its “add” call on developer UOL Group with an unchanged target price of $9.65, which is based on a 20% discount to RNAV. This comes after paying a visit to UOL’s Amber 45 show flat, where CGS-CIMB noted improvement in take-up rates for the ...

SINGAPORE (May 15): OCBC is keeping its “buy” recommendation on UOL Group with a far value estimate of $10.63. This came following the group announcing that its 1Q18 earnings fell 8% to $73.8 million from $80.3 million in 1Q17, mainly due to the $7.6 million amortisation and depreciation of fair...

UOL Group saw what it said was a "strong response" from the weekend launch of its 139-unit East Coast condo Amber45, with buyers snapping up 80 of the 100 units released at an average price of about S$2,200 psf.

SINGAPORE (May 14): CGS CIMB Research is maintaining its “add” call on UOL Group with a target price of $9.65. This came following the group announcing that its 1Q18 earnings fell 8% to $73.8 million from $80.3 million in 1Q17, mainly due to the $7.6 million amortisation and depreciation of fair...

SINGAPORE (May 14): Here are some stocks that could move the market this Monday morning: Agri-business group Olam International reported a 9.8% rise in 1Q18 earnings to $158 million from $143.8 million a year ago on reduced net finance costs and lower taxation. Sales of goods and services rose 8.5% ...

UOL Group, which is launching its freehold residential project Amber45 this weekend at an average price of above S$2,200 per square foot (psf), said its net profit for the first quarter ended March 31 fell 8 per cent to S$73.82 million.

UOL Group, which is slated to launch its boutique freehold project, Amber45, this weekend, said its net profit for the first quarter ended March 31 fell 8 per cent to S$73.82 million.