UOL Group Ltd has its roots traced back to 1963. In that year, Faber Union (HK) Ltd had incorporated Faber Union Ltd and subsequently, listed the company on the SGX in 1964.
Nine years later, Wee Cho Yaw, a prominent banker in Singapore, had acquired a controlling stake in Faber Union Ltd. In 1975, Wee has renamed the company to United Overseas Land Ltd. Then, in 2016, the company was renamed to UOL Group Ltd. As of 30 June 2018, UOL Group Ltd has reported having total assets worth S$ 19.9 billion and thus, is a leading property corporation in Singapore.
In this article, I’ll share UOL Group Ltd’s past performances, its future projects, and tools to evaluate the stock as an investment. Thus, here are 8 main things that you need to know about UOL Group Ltd before you invest.
#1: Stock Symbol
Ticker Symbol: SGX: U14