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United Industrial Corporation
M&A
United Industrial Corp raises stake in Marina Centre to 77.34% with $675.3 million deal
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.
April 13, 2019
Results
United Industrial Corp full year earnings up 10% to $286 mil
SINGAPORE (Feb 17): United Industrial Corporation posts full year earnings of $286.0 million, increasing 10% from earnings of $260.6 million a year ago.
February 17, 2017
Results
UIC posts 2% fall in 3Q earnings to $64 mil
SINGAPORE (Oct 28): UIC, the property and hotel group, reported earnings of $64 million for 3Q, a 2% decline from a year ago.
October 28, 2016
Clock ticking as property developers face double threat
SINGAPORE (Sept 16): The clock is ticking for Singapore’s property developers, who are facing the double threat of ABSD deadlines and looming supply.
September 16, 2016
Results
UOL’s 2Q earnings down 55% to $68.8 mil on fair value losses
SINGAPORE (Aug 4): UOL property group posted a 55% fall in 2Q16 earnings to $68.8 million from a year ago, due mainly to fair value losses on investment properties.
August 04, 2016