UOL Group Limited (), is a

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...

an headquartered company focusing on investment, development and management of real estate across the

Asia-Pacific Asia-Pacific (APAC) is the part of the world near the western Pacific Ocean. The Asia-Pacific region varies in area depending on context, but it generally includes East Asia, Russian Far East, South Asia, Southeast Asia, Australia and Pacific Isla ...

region. The Wee Family, significant shareholders of

United Overseas Bank United Overseas Bank Limited (), often known as UOB, is a Singaporean multinational banking corporation headquartered in Singapore, with branches mostly found in most Southeast Asian countries. Founded in 1935 as United Chinese Bank (UCB) by S ...

are the largest shareholders of the company. The company is a constituent member of the

Straits Times Index The Straits Times Index ( abbreviation: STI) is a capitalisation-weighted measurement stock market index that is regarded as the benchmark index for the stock market in Singapore. It tracks the performance of the top 30 companies that are liste ...

History

The company was founded in 1963 as Faber Union Limited, a subsidiary of Faber Union (HK) Limited. Singapore Exchange It became a publicly traded company in 1964. 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. In 2006, the company was renamed to UOL Group Limited. In 2007, UOL Group Limited acquired

Pan Pacific Hotels and Resorts The Pan Pacific Hotels and Resorts (泛太平洋酒店及度假村) is a hospitality company headquartered in Singapore and founded in 1975. It is a subsidiary of developer UOL Group and operates more than 20 luxury hotels, resorts and serviced su ...

from the

Tokyu Group The is a railway keiretsu whose parent company is the Tokyu Corporation railway company, which links Tokyo and its suburbs. Many companies in the group are designed to enhance the value of the Tokyu rail network. In addition to the railroad syst ...

, and renamed it to Pan Pacific Hotels Group. The company then Parkroyal with Pan Pacific for its hotel brand. In 2013, the company decided to delist Pan Pacific Hotels and Resorts from the

Singapore Exchange The Singapore Exchange Limited (SGX) is a Singaporean investment holding company that provides different services related to securities and derivatives trading and others. SGX is also a member of the World Federation of Exchanges and the Asian ...

. In 2018, the company acquired Singapore Land Group Limited (SingLand).

Group structure

The company has the following business segments: * Property development – development of properties for sale * Property investments – leasing of commercial properties and serviced suites * Hotel operations – operation of owned hotels * Investments – investment in quoted and unquoted financial assets * Technology operations – the distribution of computers and related products * Management services – provision of hotel management services

Notable properties

Properties that the company currently owned or previously owned include: * Heron Plaza *

Mandarin Oriental, Singapore Mandarin Oriental, Singapore is a luxury hotel located in Marina Centre next to Marina Square Shopping Mall and near Suntec City, home to one of Asia Pacific's largest convention centres – the Suntec Singapore International Convention and ...

Marina Square Marina Square is a shopping mall in Singapore which opened in the late 1980s. It is part of the first building complex built on the reclaimed land at Marina Centre, and was the largest shopping mall in the country at the time. The complex also hou ...

* Pan Pacific Singapore Hotel * Pan Pacific Sonargaon * Pan Pacific Suzhou * Parkroyal Collection Pickering * Parkroyal Collection Marina Bay, Singapore * The Plaza * West Mall

References

External links

* Real estate companies of Singapore Housing in Singapore Multinational companies headquartered in Singapore Financial services companies established in 1963 1963 establishments in Singapore {{authority control Companies listed on the Singapore Exchange Singaporean brands Singaporean companies established in 1963