United Engineers Limited was founded in 1912 as a construction company. Over the years, the company has diversified into different business activities. Through its subsidiaries, the company operates a multi-disciplinary engineering services, such as civil, mechanical and electrical engineering services in Singapore and overseas.
#1: Stock Symbol
Share Price: S$2.81 (27 May 2018)
Market Cap: S$1.79 billion
UEL has a diversified business, from property development to electronic manufacturing services. The company derives its income from 3 core business activities. They are:
Property Rental and Services
Under this segment, UEL provides project management and asset management for shopping malls, office buildings and industrial property.
It has 4 commercial and industrial property, namely UE BizHub Central, UE BizHub City, UE BizHub Tower and UE BizHub West. Going forward, the company will capitalise on selective acquisition opportunities to increase its portfolio …