UIC

SINGAPORE (Oct 10): CIMB is reiterating its “add” call on property developer UOL Group with a higher target price of $7.97 from $7.96 previously, after factoring in the group’s latest property purchases.

SINGAPORE (Oct 7): A rise in the number of en-bloc sales is signalling property developers are hungry for land amid a dearth in land bank supply, according to DBS Research.

SINGAPORE (Oct 4): UOL’s 50-50 joint venture company with UIC, United Venture Investments, has acquired a freehold 9-storey property at 120 Holborn in London for GBP 229.6 million ($403.3 million).

SINGAPORE (Sept 30): A joint venture between a subsidiary of UOL Group and subsidiary of UIC is acquiring a freehold London property for a consideration of £229.6 million ($406.4 million).

SINGAPORE (Aug 1): Here are some stocks that may move the market this Monday morning: