UOL Group Limited (), is a

Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...

an 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 United Overseas Bank Limited (), often known as UOB, is a Singaporean regional bank headquartered at Raffles Place, Singapore, with branches mostly found in Southeast Asia countries. It is one of the three "big local banks" in the country, t ...

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

Straits Times Index The FTSE Straits Times Index (abbreviation: STI) is a capitalisation-weighted 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 listed on the ...

History

The company was founded in 1963 as Faber Union Limited, a subsidiary of Faber Union (HK) Limited. It became a publicly traded company on the Singapore Exchange in 1964. In 1975, the company changed its name to United Overseas Land Limited after

Wee Cho Yaw Wee Cho Yaw (; 10 January 1929 – 3 February 2024) was a Singaporean banker, businessman, investor, and philanthropist. He was chairman emeritus and honorary adviser of United Overseas Bank (UOB), and chairman of the UOL Group. Wee joined ...

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 ...

from the

Tokyu Group The , a contraction of and formerly until 2 September 2019, is a Japanese '' keiretsu'' or conglomerate headquartered in Shibuya, Tokyo. While a multinational corporation, its main operation is , a wholly-owned subsidiary operating railways ...

, and renamed it to Pan Pacific Hotels Group. 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 Singapore Exchange Limited (SGX Group) is a Singapore-based exchange conglomerate, operating Equity (finance), equity, fixed income, currency and commodity markets. It provides a range of listing, trading, clearing, settlement, depository and ...

. 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 centers – the Suntec Singapore International Convention and Ex ...

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 The Pan Pacific Sonargaon is a hotel in Dhaka. It is one of the oldest 5 star hotel in Bangladesh and is owned by the government of Bangladesh and operated by Pan Pacific Hotels and Resorts. History Hotels International Limited was established o ...

* Pan Pacific Suzhou * Parkroyal Collection Pickering * Parkroyal Collection Marina Bay, Singapore * The Plaza *

West Mall West Mall () is a shopping centre located in Bukit Batok New Town, Bukit Batok, Singapore, next to Bukit Batok MRT station. Background It was opened in 1998. It consists of eight storeys, for a total gross floor area of , and sitting on a land ...

References

External links

* {{DEFAULTSORT:UOL Group Real estate companies of Singapore Housing in Singapore Multinational companies headquartered in Singapore Financial services companies established in 1963 1963 establishments in Singapore Companies listed on the Singapore Exchange Companies in the Straits Times Index Singaporean brands Singaporean companies established in 1963