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UOL incorporates new subsidiary

Singapore Business Review
UOL incorporates new subsidiary

It will deal with property development.

UOL Group Limited's (UOL) wholly-owned subsidiary, UOL Venture Investments (UVI), opened a subsidiary with Singland Homes (SLH).

According to an announcement, UVI and SLH will subscribe to United Venture Development (No. 2) Pte. Ltd. (UVD2) with a proportion of 70:30.

As a result, UVD2 is now a subsidiary of UOL and will enable it to explore business opportunities with SLH.

UVD2 will focus on property and real estate development.



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