Marina Centre Holdings

SINGAPORE (April 13): United Industrial Corporation (UIC), a subsidiary of UOL Group, is acquiring a further 24.27% stake in its 53.07%-owned indirect subsidiary Marina Centre Private Holdings (MCH) for $485.3 million to be paid in cash.

SINGAPORE (Nov 13): OCBC Investment Research and Maybank Kim Eng are maintaining their “buy” calls on property developer UOL Group with higher target prices of $9.70 and $9.85 respectively.