UOL Group

Broker's Calls

UOL to ride on Singapore's reopening for recovery

DBS Group Research is keeping its “buy” recommendation on UOL Group albeit with a lower target price of $8.40 from $9.50 previously.

Investing ideas

Analysts remain bullish on UOL Group despite FY19 earnings miss

SINGAPORE (Mar 4): Property developer UOL Group has no shortage of headwinds.

Results

UOL posts 14% increase in FY19 earnings to $479 mil, maintains dividend of 17.5 cents per share

SINGAPORE (Feb 28): UOL Group has reported earnings of $478.8 million for FY2019 ended December, some 14% higher than earnings of $418.3 million a year ago.

CoVid-19

Singapore confirms first case of Wuhan virus. Here's what investors need to know

SINGAPORE (Jan 24): Singapore’s stock market is expected to be rattled on Friday, after the Asian financial hub on Thursday evening announced its first confirmed case of the deadly Wuhan virus that

PROPERTY

Local developer heads for global ranks, more deals in store for sector

SINGAPORE (Dec 20): The local property market — which was subjected to cooling measures and experienced oversupply in the past decade — may be small, but in the 2020s, a home-grown developer will r

UOL Group to acquire building next to Odean Towers along North Bridge Road for $79.3 mil

Property

UOL Group to acquire building next to Odean Towers along North Bridge Road for $79.3 mil

SINGAPORE (Nov 22): UOL Group is acquiring KH KEA Building along North Bridge Road, which is located next to the company’s Odeon Towers, for $79.3 million.

Results

UOL posts 7% fall in 3Q earnings to $80 mil on lower revenue

SINGAPORE (Nov 12): UOL Group reported earnings of $80.0 million for 3Q19 ended September, some 7% lower than earnings of $85.7 million recorded in the previous year. 

Investing ideas

UOL's Avenue South Residence weekend performance shows potential of GSW

SINGAPORE (Sept 10): The launch of Avenue South Residence over the weekend saw 276 out of 300 units being sold, or 26% of the 1,074 units in the residential project.

Results

UOL posts 48% increase in 2Q earnings to $195 mil on higher fair value gains

SINGAPORE (Aug 8): UOL Group recorded a 48% jump in 2Q19 earnings to $195.4 million, compared to $131.9 million in 2Q18.

UOL-UIC JV wins in bid for residential site in Clementi

Property

UOL-UIC JV wins in bid for residential site in Clementi

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.

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