UOL Group Limited | |
Type: | Public |
Industry: | Real estate |
Location: | Singapore |
Revenue: | (FY 2021) |
Net Income: | (FY 2021) |
Assets: | (FY 2021) |
Equity: | (FY 2021) |
Num Employees: | 1,500 (FY 2021) |
Products: | Real estate development Real estate investment management |
Footnotes: | [1] |
UOL Group Limited, is a Singaporean headquartered company focusing on investment, development and management of real estate across the Asia-Pacific region. The Wee Family, significant shareholders of United Overseas Bank are the largest shareholders of the company.[2] The company is a constituent member of the Straits Times Index.
The company was founded in 1963 as Faber Union Limited, a subsidiary of Faber Union (HK) Limited.[3] It became a publicly traded company on the Singapore Exchange in 1964.[4]
In 1975, the company changed its name to United Overseas Land Limited after Wee Cho Yaw and United Overseas Bank acquired a controlling interest in the company in 1973.
In 2002, the company acquired Parkroyal, a hotel and property company.[5]
In 2006, the company was renamed to UOL Group Limited.
In 2007, UOL Group Limited acquired Pan Pacific Hotels and Resorts from the Tokyu Group, and renamed it to Pan Pacific Hotels Group.[6] The company then merged Parkroyal with Pan Pacific for its hotel brand.
In 2013, the company decided to delist Pan Pacific Hotels and Resorts from the Singapore Exchange.
In 2018, the company acquired Singapore Land Group Limited (SingLand).[7] [8]
The company has the following business segments:
Properties that the company currently owned or previously owned include: