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Re: United Industrial Corp

PostPosted: Wed Feb 13, 2013 8:42 am
by winston
Not vested

Property developer United Industrial said full-year net profit doubled to S$391.6 million from S$195.4 million a year earlier after gains in revaluation of investment properties.

Source: Reuters

Re: United Industrial Corp

PostPosted: Mon Apr 06, 2015 12:52 pm
by winston
not vested

United Industrial Corporation (UIC) – It may happen this year, next year or some point in the future. But we think it will happen.

In recent years, UOL Group has steadily tightened its grip on UIC, amassing a 44% stake in UIC. Haw Par, which is affiliated with the Wee family, holds another 5%.

We think UOL is likely to eventually raise its stake in UIC above 50% through further open market purchases and/or buying over Haw Par’s 5% stake. This will then trigger a general offer for UIC and if the price is enticing enough, it may even persuade the other major shareholder of UIC, JG Summit, to part with its 37% stake.

UOL will get to consolidate UIC’s SGD7bn of property assets, many of them investment grade commercial properties and hotels, into its books.

This will swell UOL’s asset base to over SGD10bn, making the Wee family’s property flagship one of the largest real estate company in the region.

UIC currently trades at 0.8x P/BV.

Source: RHB

Re: United Industrial Corp

PostPosted: Sat Feb 20, 2016 12:25 pm
by behappyalways
UIC sees 35% fall in full-year earnings to $261 million
http://sgx.i3investor.com/servlets/fdnews/58237.jsp

Re: United Industrial Corp

PostPosted: Sat Feb 18, 2017 8:43 pm
by behappyalways
United Industrial Corp full year earnings up 10% to $286 mil
http://www.theedgemarkets.com.sg/articl ... 10-286-mil

Re: United Industrial Corp

PostPosted: Sat Apr 29, 2017 6:12 pm
by behappyalways
UIC registers flat 1Q earnings at $60 mil despite higher revenue
http://www.theedgemarkets.com.sg/uic-re ... er-revenue

Re: United Industrial Corp

PostPosted: Mon Jul 31, 2017 3:06 pm
by behappyalways
uic-ends-2q-33-lower-earnings-75-mil
https://www.theedgesingapore.com/uic-en ... ngs-75-mil

Re: United Industrial Corp

PostPosted: Sun Nov 05, 2017 8:43 pm
by behappyalways
uic-reports-49-rise-3q-earnings-955-mil-higher-revenue
https://www.theedgesingapore.com/uic-re ... er-revenue

Re: United Industrial Corp

PostPosted: Thu Mar 01, 2018 9:33 pm
by behappyalways
UIC posts 5% rise in FY17 earnings to $301 mil on higher sales and share of JV results
https://www.theedgesingapore.com/uic-po ... jv-results

Re: United Industrial Corp

PostPosted: Mon Apr 30, 2018 8:44 am
by behappyalways
UIC's 1Q earnings up 1% at $60.2 mil
https://www.theedgesingapore.com/uics-1 ... -1-602-mil

Re: United Industrial Corp

PostPosted: Tue Nov 06, 2018 1:38 pm
by behappyalways
UIC posts 36% fall in 3Q earnings to $59.3 mil on lower sales
https://www.theedgesingapore.com/uic-po ... ower-sales