The Fascinating United Overseas Business Empire

9 Apr 2014 - The Motley Fool Singapore
The Wee Family, led by their patriach Dr. Wee Cho Yaw, is the fourth richest family in Singapore according to business publication Forbes. Although famous for being one of the founders of United Overseas Bank (SGX: U11), the United Overseas empire extends much further than just banking. Here are some ...
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4 reasons why SingLand is undeserving of UIC's $9.4 per share offer

6 Mar 2014 - Singapore Business Review
The offer is just too unattractive. According to OSK DMG, in a long-anticipated move, United Industrial Corporation (UIC) recently announced an unconditional cash offer for its 80.4%-owned subsidiary Singapore Land (SingLand). The latter owns a sizable portfolio of prime office properties with NLA totaling ...
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UIC could pay a maximum of S$762m to privatise Singapore Land

26 Feb 2014 - Singapore Business Review
But S$9.40 offer price still considered "low". UIC has made an unconditional cash offer for all the issued and paid-up ordinary shares in the capital of Singapore Land (Singland), at an offer price of S$9.40 per share, but DBS Equity Research considers this takeout price to be quite low, representing ...
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Three Shares For Halloween

31 Oct 2013 - The Motley Fool Singapore
Not many may know that Halloween, also known as All Hallows’ Eve, is an annual celebration dedicated to remembering the dead. Some of us may know it as a day where kids go trick-or-treating in costumes for candy, while the adults dress themselves up in ghoulish outfits to attend parties or wander the ...
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3 Things You Should Know About UOL Group

18 Sep 2013 - The Motley Fool Singapore
UOL Group (SGX: U14) is one of Asia’s largest property companies and through its subsidiaries engages in the real estate, retail and hospitality businesses. Founded in 1963, the company was formerly known as United Overseas Land Limited, changing its name to UOL Group in 2006. It operates in five segments: ...
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United Under Dr Wee Cho Yaw

19 Aug 2013 - The Motley Fool Singapore
Dr. Wee Cho Yaw, the chairman of United Overseas Bank (SGX: U11), is the richest person in Singapore with a fortune of $5 billion as of March 2013, according to the latest rich list published by Forbes Asia. Dr. Wee is ranked third on Forbes’ list of Singapore’s 40 Richest and 290th on its list of The ...
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