Billionaire Wee Family's UOL, Partner To Buy Singapore Property For $613 Million [Forbes]
UOL GROUP LTD S/ADR (UOLGY)
NASDAQ:AMEX Investor Relations:
uol.com.sg/investors_and_media
Company Research
Source: Forbes
UOL Group and its unit Singapore Land—both controlled by the family of late banking and real estate billionaire Wee Cho Yaw —have partnered with CapitaLand Development (Singapore) to buy a residential condominium in the northern central precinct of Bishan for S$810 million ($613 million) as housing demand in the city-state picks up. The acquisition is conditional on the sale being approved by 80% of the owners of the existing 255-unit Thomson View condominium near the MacRitchie Reservoir. The property was originally marketed at S$918 million in February but the price has since been lowered to S$808 million, according to property consultant Edmund Tie, which. is handling the sale. The partners plan to redevelop Thomson View, which was originally built in 1975, into a 1,240-unit residential condominium, the consortium said in a statement over the weekend. The property sits on a 540,314-square-feet (50,917-square-meter) 99-year leasehold land near the Upper Thomson MRT station and
Show less
Read more
Impact Snapshot
Event Time:
UOLGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UOLGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UOLGY alerts
High impacting UOL GROUP LTD S/ADR news events
Weekly update
A roundup of the hottest topics
UOLGY
News
- PARKROYAL COLLECTION MARINA BAY IS THE FIRST HOTEL IN SINGAPORE TO ATTAIN THREE PRESTIGIOUS SUSTAINABILITY CERTIFICATIONS [Yahoo! Finance]Yahoo! Finance
- Pan Pacific Hotels Group Becomes the First Hospitality Group in Oceania to Achieve GSTC Multi-Site Certification Across All Australian Properties [Yahoo! Finance]Yahoo! Finance
- Pan Pacific Hotels Group Becomes the First Hospitality Group in Oceania to Achieve GSTC Multi-Site Certification Across All Australian Properties [Yahoo! Finance Canada]Yahoo! Finance Canada
- Pan Pacific Hotels Group Becomes the First Hospitality Group in Oceania to Achieve GSTC Multi-Site Certification Across All Australian PropertiesPR Newswire
- UOL Launches Inaugural U-Progress Awards to Recognise Singapore's Young Learners and Foster Lifelong Learning [Yahoo! Finance]Yahoo! Finance