UOL’s S$79 million bid for KH KEA building accepted
K.H. KEA Properties has accepted UOL Group’s S$79.3 million bid for the property at 333 North Bridge Road in Singapore, UOL said in a filing to SGX Friday.
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UPDATE: Singapore stocks to watch Monday: SGX, SingPost, POSH, Keppel DC REIT, Chip Eng Seng
These are Singapore companies which may be in focus on Monday, 23 September 2019: SGX, SingPost, POSH, Keppel DC REIT and UOL.
UPDATE: Singapore stocks to watch Monday: Yangzijiang, SPH REIT, Silverlake, UOL, Far East Orchard
These are Singapore companies which may be in focus on Monday, 26 August 2019: Yangzijiang, SPH REIT, Silverlake Axis, UOL, Far East Orchard and SATS.
UOL Group reports 2Q19 net profit climbed 48 percent on higher fair value gains
UOL Group posted second quarter net profit increased 48 percent on-year to S$195.38 million on higher fair value gains on investment properties.
UPDATE: Singapore stocks to watch Monday: DBS, CapitaLand, SIA Engineering, FLT, Stamford Land
These are Singapore companies which may be in focus on Monday, 29 July 2019: SIA Engineering, FLT, Stamford Land, UOL, Keppel and Fortune REIT.
UOL and UIC awarded Clementi residential site tender by URA for S$491 million
Singapore’s URA awarded the tender for a residential site at Clementi Avenue 1 to UOL and UIC for S$491.3 million, the two companies said Tuesday.
UPDATE: Singapore stocks to watch Friday: F&N, ThaiBev, CapitaLand, KIT, ESR, Sabana REIT
These are Singapore companies which may be in focus on Friday, 24 May 2019: Fraser and Neave, Thai Beverage, Keppel Infrastructure Trust and ESR.
Singapore stocks to watch Thursday: UOL, PSA, Yongnam, Sabana REIT, Stamford Land
These are Singapore companies which may be in focus on Thursday, 23 May 2019: UOL, PSA, Yongnam, Sabana REIT and Stamford Land.
UOL prices S$200 million 3.0 percent notes due 2024
UOL priced S$200 million of 3.0 percent five-year notes under its S$1 billion multicurrency medium-term note program, the company said Wednesday.
UOL reports 1Q19 net profit fell 5 percent, while property development revenue grew
UOL reported Friday its first quarter net profit fell 5 percent on-year to S$72.36 million, but property development revenue grew.
UPDATE: Singapore stocks to watch Monday: UIC, OUE, Yangzijiang, Keppel, Ezion, ST Engineering, Heeton
These are Singapore companies likely to be in focus on Monday, 15 April 2019: UIC, OUE, Yangzijiang, Keppel, Ezion and Yongnam.
UIC to acquire Marina Centre Holdings stake for around S$485 million
UIC said late Friday it agreed to acquire a 24.27 percent stake in Marina Centre Holdings from three sellers, including OUE, for a total S$485.33 million.
UPDATE: Singapore stocks to watch Thursday: Genting Singapore, ThaiBev, Keppel, MLT, Indofood Agri
These are Singapore companies which may be in focus on Thursday, 11 April 2019: Genting Singapore, Thai Beverage, Keppel and Mapletree Logistics Trust.
UPDATE: Singapore stocks to watch Wednesday: CapitaLand, Golden Agri, OUE, Olam, UOL
These are Singapore companies which may be in focus on Wednesday, 27 February 2019: CapitaLand, Golden Agri, UOL, OUE and Olam.
UOL Group reports 2018 net profit dropped 51 percent on year-ago gain
UOL Group reported Tuesday its 2018 net profit fell 51 percent on-year to S$433.72 million due to a year-earlier one-off gain for consolidating UIC results.
Nomura upgrades City Developments and UOL to Buy
City Developments upgraded to Buy from Neutral by Nomura UOL upgraded to Buy from Reduce by Nomura Wing Tai Holdings upgraded to Neutral from Reduce…
Singapore stocks to watch Friday: Noble, Keppel, SGX, UOL, CapitaLand
These are Singapore stocks which may be in focus on Friday 7 December 2018: Noble Group Troubled commodity trader Noble Group said early on Friday…
UOL Group to acquire Sydney office building for around A$155 million
UOL Group said on Thursday that its indirect wholly owned subsidiary, Success Venture (CS), or SVCS, entered a deal to acquire a Sydney, Australia, office…
Singapore stocks to watch Friday: Singtel, Civmec, China Jinjiang, Sunpower, Jiutian
These are Singapore stocks which may be in focus on Friday 23 November 2018: Singtel Singtel said on Thursday that it landed the rights to…
Singapore stocks to watch Friday: City Developments, Genting Singapore, Sunpower, Dairy Farm
These are Singapore stocks which may be in focus on Friday 9 November 2018: City Developments City Developments reported on Thursday that its net profit…
UOL clarifies it’s in talks to acquire Sydney office property
UOL clarified on Thursday that it was in confidential discussions to acquire an office property in Sydney, Australia, after a media report said it was…
Singapore property shares fall after new guidelines limiting unit numbers in new projects
Property developer shares were lower in early trade on Thursday after the Urban Redevelopment Authority issued new guidelines to limit the number of units in…
Morgan Stanley: Singapore developers undervalued as home prices set to rise, not fall
Shares of Singapore’s developers are trading at crisis levels, pricing in home price declines, when instead, residential property should see solid price increases, Morgan Stanley…
Credit Suisse: HDB lease concerns will spur private property premium to widen
Concerns over the Housing and Development Board, or HDB, public housing flats’ 99-year lease period are set to widen the pricing premium for private housing…
Update: Singapore stocks to watch Monday: SPH, Ascendas-Singbridge, Keppel, Stamford Land, Sakae
These are the Singapore stocks which may be in focus on Monday 10 September 2018: Singapore Press Holdings Singapore Press Holdings acquired a portfolio of…
Maybank KimEng: Singapore land bids ‘subdued,’ show developer caution
Singapore government land tenders for three sites, the first since the introduction of a fresh round of property cooling measures, had subdued bids and showed…
Singapore stocks to watch Monday: OCBC, GENS, Venture, UOL, Noble, Raffles Medical
These are the Singapore stocks likely in focus on Monday, 6 August 2018: OCBC OCBC reported on Monday that its second quarter net profit rose…
UOL reports 2Q18 net profit up 21 percent on higher fair value gains, UIC consolidation
UOL reported on Friday that its second quarter net profit rose 21 percent on-year to S$132.67 million as revenue was boosted by higher fair value…
Singapore stocks to watch Tuesday: UOL, ST Engineering, SIA, Keppel REIT, SingPost, Soilbuild REIT
These are the Singapore stocks likely to be in focus on Tuesday, 17 July 2018: UOL UOL said on Monday that it acquired 180 apartments…
Singapore stocks to watch Wednesday: City Developments, ST Engineering, SGX, SPH REIT
These are the Singapore stocks likely in focus on Wednesday 11 July 2018: City Developments City Developments said on Tuesday that it would invest HK$237.81…
Singapore developers’ weighting cut by Maybank KimEng after cooling measures
Maybank KimEng cut its sector weighting for developers in its Singapore market view, removing some from its top-picks list, after a “sucker punch” from the…
UOL shares oversold despite impact from fresh property cooling measures: OCBC
UOL Group shares were likely oversold in the sharp drop in property sector stocks in the wake of the Singapore government imposing a fresh round…
Singapore stocks to watch Friday: Property stocks, Frasers Property, Sembcorp, ST Engineering
These are the Singapore stocks likely in focus on Friday 6 July 2018: Property stocks Property developers and realtors will likely be in focus on…
Singapore developer shares climb as property prices rise, launches see solid interest
Shares of Singapore developers climbed on Thursday after reports of “large crowds” at launches and after the central bank may have signaled fresh cooling measures…
Singapore stocks to watch Monday: CCT, Sembcorp, ST Engineering, DBS, UOL, PropNex
These are the Singapore stocks to watch on Monday 2 July 2018: CapitaLand Commercial Trust CapitaLand Commercial Trust’s manager said it entered a deal to…
Singapore property developers: ‘cheap just got cheaper,’ OCBC says
OCBC tipped a buying opportunity in Singapore’s property developers, saying the drops in their share prices don’t reflect solid fundamentals. “Demand factors remain largely robust,…
Singapore developer share price weakness is chance to buy, Maybank KimEng says
The weakness in Singapore developers’ share prices is an opportunity to buy as the home price rally was set to continue, Maybank KimEng said. While…
UBS: Singapore property market ‘at cusp of recovery’
Singapore’s residential property market is in the early stages of recovery after a four-year decline, with banks and property developers set to benefit, UBS said…
Deutsche Bank turns more positive on Singapore property
The strong response for two recent Singapore property projects has reaffirmed the positive outlook for the city-state’s residential developers, Deutsche Bank said in a note…
Singapore property developer shares can re-rate even higher: OCBC
Investors should shift out of Singapore REITs and into property developers in their real estate allocations, amid a strong outlook, OCBC said in a note…