Asset DivestmentUOL proposed to divest all the freehold commercial strata lots in KINEX for SGD 375mn, which is viewed as a positive step in unlocking value from non-core assets and streamlining of balance sheet.
Growth In Hospitality DivisionUOL's hospitality division is poised for steady growth following the completion of asset enhancement initiatives, with planned room expansions expected to strengthen contributions.
Residential Pre-SalesStrong pre-sales for its residential projects are catalysts that investors should watch for, with an exciting line-up of residential launches to add to income visibility.