Latest news with #UOLGroup
Business Insider
3 days ago
- Business
- Business Insider
Goldman Sachs Keeps Their Buy Rating on UOL Group (UOLGF)
Goldman Sachs analyst Xuan Tan maintained a Buy rating on UOL Group (UOLGF – Research Report) today and set a price target of S$7.16. The company's shares closed last Tuesday at $4.50. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Tan covers the Real Estate sector, focusing on stocks such as City Developments, Keppel REIT, and CapitaLand Mall. According to TipRanks, Tan has an average return of -0.3% and a 50.00% success rate on recommended stocks. UOL Group has an analyst consensus of Hold, with a price target consensus of $5.09.
Business Insider
4 days ago
- Business
- Business Insider
Bank of America Securities Reaffirms Their Hold Rating on UOL Group (UOLGF)
Bank of America Securities analyst Donald Chua maintained a Hold rating on UOL Group (UOLGF – Research Report) on June 26 and set a price target of S$6.50. The company's shares closed last Tuesday at $4.50. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Chua is ranked #6938 out of 9622 analysts. The analyst consensus on UOL Group is currently a Hold rating. Based on UOL Group's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.52 billion and a net profit of $227.8 million. In comparison, last year the company earned a revenue of $1.32 billion and had a net profit of $572.66 million
Forbes
6 days ago
- Business
- Forbes
Billionaire Charoen's Frasers Property, Partners Offer Top Bid Of $387 Million For Prime Singapore Plot
Singapore's residential properties are among the most expensive in the world. A consortium that includes Frasers Property—controlled by Thai billionaire Charoen Sirivadhanabhakdi and his family—submitted the highest bid of S$491.5 million ($387 million) for a residential plot in Singapore's upscale Bukit Timah neighborhood. Frasers Property and its partners Japan's Sekisui House and CSC Land, a unit of Beijing-based China State Construction Engineering Corp, outbid eight other groups for the hotly contested plot on the site of the former Singapore Turf City horse racing track until 1999 when it moved to the western Singapore town of Kranji. The government is closing the Kranji race track for good in 2027 and developing a housing estate on the property. Other bidders for the 99-year leasehold site on Dunearn Road include City Developments, controlled by real estate tycoon Kwek Leng Beng and his family, as well as billionaire Wee family's UOL Group, which partnered with unit Singapore Land and privately owned Kheng Leong Co. About 380 residential condominium units can be built on the 13,492 square meter site, according to the Urban Redevelopment Authority. The site is located within a coveted residential enclave near the Sixth Avenue MRT station, Leonard Tay, head of research at property consultancy Knight Frank in Singapore, said in an emailed statement. 'With limited new launches in the area in recent months, pent-up domestic demand particularly from owner-occupiers familiar with Bukit Timah's character and education belt is expected to support interest at [the project's]The project may sell for as much as S$3,200 per square foot, above the effective top bid of S$1,410 per square foot per plot ratio, Tay added. Frasers Property has been stepping up residential developments to tap into resilient demand for luxury homes in the city-state. Last November, it partnered with Sekisui House to redevelop a serviced apartment along the Singapore River near the Raffles Place central business district into a mixed use residential and retail complex. Charoen, 81, is Thailand's third-richest person with a net worth of $10.6 billion based on real-time Forbes data. The self-made billionaire took control of Frasers Property—which owns residential, offices, shopping malls, logistics properties and hotels across Australia, China, Europe and Southeast Asia—following his takeover of Fraser & Neave in 2013. Charoen also owns Chang beer maker Thai Beverages and Bangkok-based developer Asset World Corp.
Yahoo
29-05-2025
- Business
- Yahoo
Institutions own 20% of UOL Group Limited (SGX:U14) shares but private companies control 30% of the company
UOL Group's significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public 54% of the business is held by the top 4 shareholders Insiders own 17% of UOL Group We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. A look at the shareholders of UOL Group Limited (SGX:U14) can tell us which group is most powerful. We can see that private companies own the lion's share in the company with 30% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). And institutions on the other hand have a 20% ownership in the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. Let's take a closer look to see what the different types of shareholders can tell us about UOL Group. See our latest analysis for UOL Group Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. UOL Group already has institutions on the share registry. Indeed, they own a respectable stake in the company. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see UOL Group's historic earnings and revenue below, but keep in mind there's always more to the story. We note that hedge funds don't have a meaningful investment in UOL Group. Our data shows that Ee Lim Wee is the largest shareholder with 16% of shares outstanding. With 16% and 14% of the shares outstanding respectively, Wee Investments Pte Ltd and C.Y. Wee & Company Pte. Ltd are the second and third largest shareholders. On looking further, we found that 54% of the shares are owned by the top 4 shareholders. In other words, these shareholders have a meaningful say in the decisions of the company. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. Our most recent data indicates that insiders own a reasonable proportion of UOL Group Limited. Insiders own S$804m worth of shares in the S$4.8b company. That's quite meaningful. Most would be pleased to see the board is investing alongside them. You may wish to access this free chart showing recent trading by insiders. The general public, who are usually individual investors, hold a 18% stake in UOL Group. This size of ownership, while considerable, may not be enough to change company policy if the decision is not in sync with other large shareholders. It seems that Private Companies own 30%, of the UOL Group stock. Private companies may be related parties. Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it's hard to draw any broad stroke conclusions, it is worth noting as an area for further research. It appears to us that public companies own 16% of UOL Group. This may be a strategic interest and the two companies may have related business interests. It could be that they have de-merged. This holding is probably worth investigating further. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. For instance, we've identified 1 warning sign for UOL Group that you should be aware of. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Hospitality Net
16-05-2025
- Business
- Hospitality Net
Pan Pacific Hotels Group Unveils Transformation of Pan Pacific Perth
Against the backdrop of a resurgent travel sector and evolving guest expectations, Pan Pacific Hotels Group (PPHG) has unveiled a landmark transformation of Pan Pacific Perth. This significant investment builds on the Group's global asset enhancement initiative strategy, which began in 2021 with the opening of award-winning Pan Pacific London. The hospitality arm of Singapore-based UOL Group Limited, PPHG continues to bring its vision of graceful luxury to life through a juxtaposition of bold and inspired designs, enhanced signature services, and sustainable innovation. With 488 guest rooms and suites, Pan Pacific Perth is the largest of PPHG's six properties in Australia and a flagship expression of the brand. Designed by renowned FDAT Architects, the hotel's refreshed interiors, redesigned lobby, and elevated Pacific Club Lounge draw inspiration from Western Australia's natural landscapes, delivering memorable experiences by thoughtfully adapting to local contexts. As part of its commitment to responsible tourism, PPHG has integrated sustainable design into the transformed Pan Pacific Perth. Innovative features include decorative panels made from repurposed denim, hand-pressed natural herbs, and 100% recycled plastics—each crafted to reduce waste and celebrate natural materials through multi-sensorial experiences, aligning with the group's broader sustainability goals. PPHG was recently recognised as the first hospitality brand in Oceania to receive the Global Sustainable Tourism Council (GSTC) Multi-site certification for all six of its Australian properties, underscoring its leadership in sustainable hospitality. Its expansive 2,500sqm convention floor, the largest in Perth, has been upgraded with advanced LED screens and cutting-edge audiovisual technology. Offering versatile room configurations and seamless professional support, the space is designed to accommodate a wide range of business events, conferences, and social occasions with precision and ease. Deepening Presence in Key Markets PPHG is investing heavily in asset enhancement initiatives across its Australian portfolio, ensuring each property evolves in step with changing consumer expectations and elevated brand standards. PARKROYAL Melbourne Airport has recently completed a comprehensive enhancement of its 276 guest rooms, conference facilities, and public areas. It is the only airport hotel that offers direct access to both Melbourne International and Domestic Airports via covered sky bridges. has recently completed a comprehensive enhancement of its 276 guest rooms, conference facilities, and public areas. It is the only airport hotel that offers direct access to both Melbourne International and Domestic Airports via covered sky bridges. PARKROYAL Parramatta, Sydney has undergone significant upgrades, including the revitalisation of its 286 guest rooms and meeting and event spaces. Staying true to the PARKROYAL brand, the hotel remains deeply rooted in its community, reflecting the vibrant culture and rapid transformation of one of Australia's fastest-growing economic regions. These properties' enhancements come at a time of renewed momentum in Australia's tourism and MICE sectors. According to the Australian Trade and Investment Commission, international tourist arrivals are expected to rise by 41% between 2024 and 2028. Arrivals from Singapore alone have grown by over 40% between 2022 and 20242—a trend projected to continue. Meanwhile, bolstered by its world-class event infrastructure, government support and increasing demand for sustainable and flexible event solutions, Australia's MICE industry is forecast to grow at a robust 11.5% from 2024 to 2032, reaching USD 42.8 billion3. Melbourne and Sydney continue to lead as key hubs for MICE activities, presenting a strong opportunity for PPHG as it expands its offerings to meet the demands of both leisure and business travellers. With an established footprint in Australia, PPHG owns and/or manages six properties in Australia: Pan Pacific Melbourne; Pan Pacific Perth; PARKROYAL Darling Harbour Sydney; PARKROYAL Melbourne Airport; PARKROYAL Parramatta Sydney and PARKROYAL Monash Melbourne. These properties cater to business and leisure travellers, offering trusted hospitality in key urban centres and travel hubs. Hotel website
