About UOL

Our History

Key Milestones

  • Faber Union Ltd was incorporated in 1963 as a subsidiary of Faber Union (HK) Ltd.
  • In 1975, it changed its name to United Overseas Land Limited after United Overseas Bank Ltd acquired a controlling interest in the Company in mid-1973.
  • In 2006, United Overseas Land Limited was renamed UOL Group Limited.
  • The company has been helmed by Chairman Wee Cho Yaw since 1973.
  • In June 2018, Singapore Land Group Limited (formerly known as United Industrial Corporation Limited (UIC)), became a subsidiary of UOL Group Limited.
Property Development
  • In the 1970s and 1980s, United Overseas Land Limited was known for its prestigious landed developments such as Faber Gardens, Faber Hills, Thomson Hills, White House Park, Watten Hills and Mount Echo Park. The high-rise condominiums included Cairnhill Plaza and Orchard Bel-Air, both in the prime Orchard precinct.
  • In the mid-1990s, United Overseas Land Limited developed landed properties such as Westwood Park and Island Country Villas.
  • From 2000 onwards, the company experienced a rapid growth phase. It transformed the precincts of Novena and Tiong Bahru – including 1 Moulmein Rise, Novena Suites and Newton Suites in Novena; and Twin Regency, Regency Suites and The Regency at Tiong Bahru in Tiong Bahru.
  • In the same decade, there was aggressive land acquisition which covered the spectrum of Nassim (super-luxury); Duchess and Newton (high-end); Spottiswoode (inner city); Tiong Bahru, East Coast, Upper Thomson (mid-end) and Simei (suburban).
  • It also expanded overseas in Malaysia and China.
Property Investments
  • As part of continual asset enhancement, UOL Building was redeveloped to Pan Pacific Serviced Suites in 2008.
  • In 2002, United Square shopping mall was rebranded as The Kids Learning Mall.
  • In 2003, Odeon Towers added a two-storey retail podium.
  • In 2006, Novena Square added a new wing and was rebranded as Velocity@Novena Square, a sports and lifestyle mall.
  • In 2014, UOL opened its third mall, KINEX (formerly OneKM), one of the largest shopping malls in Paya Lebar Central.
  • In 1971, the first hotel was established – Plaza Hotel.
  • The second hotel was acquired in 1989 – New Park Hotel.
  • In the 1990s, the Group established its presence in Australia with five hotels – PARKROYAL Darling Harbour, PARKROYAL Parramatta, Parkroyal Plaza, The Landmark Parkroyal, all in Sydney, and Sheraton Perth in Perth.
  • The Group made its foray into China in 1996 with the opening of UOB Building in Xiamen.
  • In 2001, the Group acquired three hotels, including Sheraton Suzhou Hotels & Towers, Sofitel Plaza Hanoi and Sofitel Plaza Yangon.
  • The Group acquired the PARKROYAL brand in 2002 and Pan Pacific brand in 2007.
  • In 2008, the Group launched its first Pan Pacific brand extended stay accommodation – Pan Pacific Serviced Suites Orchard in Somerset.
  • In 2009, the Group renamed its listed hotel-subsidiary from Hotel Plaza Limited to Pan Pacific Hotels Group Limited to ride on the Pan Pacific brand equity and international recognition.
  • In 2013, Pan Pacific Hotels Group Limited was privatised by the Group.