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UOL Group Limited (U14.SI)
- EdgeProp
UOL chief investment and asset officer Jesline Goh resigns; Neo Soon Hup appointed COO
SINGAPORE (EDGEPROP) - On August 12, UOL Group announced the resignation of chief investment and asset officer Jesline Goh Hwee Peng. Goh, 49, will be leaving the firm with effect from September 11, 2022. The reason for Goh’s resignation was “to attend to personal commitments”, according to the SGX announcement.Read also: Growth in private home prices accelerated by 3.5% in 2Q2022Goh had been in her current role since January 1, 2019. Her responsibilities include investments, asset management as
- EdgeProp
UOL's net profit up 306% in 1H2022 on property development, hospitality
Artist's impression of AMO Residence, where over 98% of 372 units were snapped up on the first day of launch on Jul 23, 2022 (Picture: UOL Group)SINGAPORE (EDGEPROP) - On Aug 11, UOL Group reported net of $371 million for the six months to June 30, its 1HFY2022, up 306% y-o-y, on the back of a rebound in hotel operations, all round better business and fair value and other gains of $190 million. Revenue rose 36% to $1.53 billion while group pre-tax profit before fair value and other gains/losses
- EdgeProp
AMO Residence to test new price benchmark of close to $2,000 psf for suburban condos
SINGAPORE (EDGEPROP) - AMO Residence, a 60:20:20 joint venture project between UOL Group, Singapore Land Group (SingLand) and Kheng Leong Co, previewed on Saturday, July 9. The sales gallery drew a crowd of about 7,500 by 2pm on July 11, according to UOL.“Interest has been healthy,” says Jesline Goh, UOL chief investment and asset officer. She attributes it to the location of the project. The 372-unit, 99-year leasehold private condominium is located on Ang Mo Kio Rise, a new access road from An
