The Best “United Overseas” Company To Buy

4 Jun 2014 - The Motley Fool Singapore
It must be time for Singapore companies that have interlocking business relationships and complex cross-holdings to come up with a natty local name for themselves. After all, Japan has its keiretsu. Korea has its chaebol. Hong Kong has its hongs. There is, it has to be said, no shortage of conglomerates ...
sgx:u13 sgx:u14 sgx:u10 sgx:u11 sgx:u06

---

The Fascinating History of Haw Par Corporation – Part 2

26 May 2014 - The Motley Fool Singapore
I had previously looked at how the Aw brothers – Aw Boon Haw and Aw Boon Par, the main architects behind the origin of Haw Par Corporation (SGX: H02) – had helped built up the business their father, Aw Chu Kin, had left behind. During their leadership of the company, it had grown into one of the largest ...
sgx:u14 sgx:h02 sgx:u11 sgx:u06

---

Malaysian divestment gain boosted UOL's profits in 1Q

8 May 2014 - Singapore Business Review
Profits soared a whopping 69%. UOL bucked the trend in Singapore's struggling property market as it showed stellar results in 1Q. According to OCBC Investment Research, UOL’s 1Q14 PATMI came in at S$120.8m, up 69% YoY mostly due to a one-timedivestment of its Malaysian Jalan Conley site which contributed ...
sgx:u14

---

UOL Group Double Its Net Profit In First Quarter

8 May 2014 - The Motley Fool Singapore
UOL Group (SGX: U14) is the property arm of the United Overseas Group of Companies. The company is involved in both local and international property development and investments. It currently owns 43.4% of United Industrial Corp (SGX: U06) which owns almost four-fifths of Singapore Land (SGX: S30). UIC ...
sgx:u14 sgx:s30 sgx:u06

---

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 ...
sgx:u13 sgx:u14 sgx:u10 sgx:u11 sgx:u06

---

An Investors’ Quick Checklist for Banks – Part 1

14 Mar 2014 - The Motley Fool Singapore
Singapore – which has the banking trio of DBS Group Holdings (SGX: D05), Oversea-Chinese Banking Corporation (SGX: O39), and United Overseas Bank (SGX: U11) – is home to some of the largest banks in the South East Asia region. With the investment arm of Singapore’s government as its largest shareholder, ...
sgx:u14 sgx:d05 sgx:o39 sgx:u11 sgx:g07

---

These 2 culprits dragged UOL's 4Q13 profits down to $189.2m

6 Mar 2014 - Singapore Business Review
Thankfully, it was offset partially. According to DBS, the decline in UOL’s 4Q13 net profit to S$189.2m was expected and was a function of lower development profits and smaller revaluation surplus vs a year ago, partly offset by a S$27m writeback of provision for the Upper Pickering office component. ...
sgx:u14

---

Why everyone was expecting the 3% contraction in UOL's 2013 profits

4 Mar 2014 - Singapore Business Review
Is it too predictable? According to DBS, the decline in UOL’s 4Q13 net profit to S$189.2m was expected and was a function of lower development profits and smaller revaluation surplus vs a year ago, partly offset by a S$27m writeback of provision for the Upper Pickering office component. On a full year ...
sgx:u14

---

UOL Group to focus on growing recurring income businesses

3 Mar 2014 - Singapore Business Review
Strategy emerges as residential uncertainties prevail. After UOL Group reported a 69.2% decline in 4Q13 PATMI to S$189.2m, the company's management said it will continue to deploy capital into growin its recurring income businesses in response to current residential market uncertainties, reports OCBC ...
sgx:u14

---

UOL's 4Q13 profits took a 60% dive to $189.2m

3 Mar 2014 - Singapore Business Review
Is it because of bad sales? According to OCBC, UOL reported 4Q13 PATMI of S$189.2m, down 59.2% mostly due to reduced fair value gains on investment properties and a smaller contribution from the property development segment. Excluding noncore items, FY13 core PATMI cumulates to S$344.2m, which makes ...
sgx:u14

---