United Industrial Corporation (UIC)

UIC has declared a final dividend of 3.5 cents for the FY2020, 0.5 cent lower than the 4.0 cents declared in FY2019.

SINGAPORE (Aug 28): A consortium led by UOL Group will start the public preview of Avenue South Residence, a 56-storey condominium at Greater Southern Waterfront on Friday.

SINGAPORE (July 26): United Industrial Corporation (UIC) saw its earnings more than treble to $409.3 million for the 2Q19 ended June, from $111.1 million a year ago.

SINGAPORE (July 9): UOL Group and United Industrial Corporation (UIC) have jointly put in the winning bid of $491.3 million for the residential site located at Clementi Avenue 1.

SINGAPORE (Apr 23): United Industrial Corporation (UIC) declared earnings of $81.1 million for 1Q19, 35% higher than $60.2 million in 1Q18.

SINGAPORE (Apr 16): DBS Group Research is upgrading UOL Group to “buy” from “hold” and raising its target price by 20% to $8.58, after UOL’s 50%-owned subsidiary United Industrial Corporation (UIC) raised its stake in Marina Centre.

SINGAPORE (Aug 3): UOL Group reported a 21% increase in earnings to $132.7 million for the 2Q18 ended June, from $109.2 million a year ago.

SINGAPORE (Mar 6): DBS is maintaining its “buy” call on UOL Group with a higher target price of $10.23, as the group is currently trading at an attractive valuation of about 0.8 times net asset value (NAV) following the consolidation of United Industr

SINGAPORE (Feb 27): UOL Group reported FY17 earnings trebled to $891.0 million from $287.0 million in FY16 after accounting for United Industrial Corporation (UIC) as a subsidiary.

SINGAPORE (Feb 23): United Industrial Corporation (UIC) reported earnings of $301 million for FY17, up 5% from $286 million in FY16 on higher revenue and share of joint ventures’ results.