Search

MORE NEWS
BUILDING & ENGINEERING | Staff Reporter, Singapore
Published: 01 Mar 13
436 views


These 3 projects will boost United Engineer's growth in 2013

It's up for a 'transitional development' this year.

In a release, Mr Jackson Yap, United Engineer's Managing Director and Chief Executive Officer said “In FY2012, we made significant progress in our drive to transition to more sustainable and stable businesses. 

These generate steady cashflows and help to smoothen out the volatility associated with property development profits. We have been actively growing our stable recurrent income base by acquiring assets such as 79 Anson Road as well as building our Park Avenue brand hospitality business.

The commencement of the integrated business park and hotel operations at UE BizHub EAST is set to add to our recurrent income business. The recently announced bid for WBL Corporation Ltd is a major thrust by the Group to grow via merger and acquisitions.

This will be a transformational development for the Group.” 

“In the year ahead, we will focus on executing our major development projects, namely – 8 Riversuites, Austville Residences and Orchardgateway. We will continue our efforts to broaden our recurring income base in order to generate steady and sustainable cashflows,” he added.



Sign up for our newsletter

 

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.

Tags: 8 Riversuites, Austville Residences, Orchardgateway, United Engineer

LATEST BUILDING & ENGINEERING JOBS »
PRINT ISSUE »

Subscribe Now
Trains, planes, automobiles and drones

109 views

As goes Hong Kong, so goes Singapore?

911 views

Office property shows no signs of a slowdown

235 views

MOST READ EXCLUSIVES

Singapore’s 20 hotels with most expensive buffet lunches

Singapore’s 20 hotels with most expensive buffet lunches

What is for lunch?

by KRISANA GALLEZO
6 Jun 2014 | 158158 views
 

Singapore’s 20 most expensive hotel suites

Singapore’s 20 most expensive hotel suites

Guess which tops the list at S$20,000 a night.

by KRISANA GALLEZO
30 May 2014 | 132909 views

Singapore’s 18 MBA programmes under $30,000

Singapore’s 18 MBA programmes under $30,000

The cheapest is at SGD15,000.

by KRISANA GALLEZO
17 Jun 2014 | 98823 views
 

10 hottest ad execs and marketers under 40

10 hottest ad execs and marketers under 40

Find out who made it to the list.

by KRISANA GALLEZO
14 May 2014 | 77970 views

Singapore’s 10 most expensive MBA Programmes

Singapore’s 10 most expensive MBA Programmes

The costliest is being offered at over $100,000.

by KRISANA GALLEZO
26 Jun 2014 | 75220 views
 

Singapore’s 10 hottest 40 and under restaurateurs

Singapore’s 10 hottest 40 and under restaurateurs

The list includes a restaurateur as young as 27.

by KRISANA GALLEZO
3 Jul 2014 | 26244 views

What 10 leaders can tell you about starting up in Singapore

What 10 leaders can tell you about starting up in Singapore

Take a sneak peek into the minds of some top VC investors and successful startup founders.

by KRISANA GALLEZO
21 Apr 2014 | 22098 views
 

Singapore's 7 hot new restaurants in May

Singapore\'s 7 hot new restaurants in May

Have you tried them all?

by KRISANA GALLEZO
5 Jun 2014 | 20707 views

Singapore’s top 5 hotel Sunday champagne brunches

Singapore’s top 5 hotel Sunday champagne brunches

Brunch meals start at $158.

by STAFF REPORTER
14 Apr 2014 | 16914 views
 

Check how this dull space was turned into a bewitching café in a garden

 Check how this dull space was turned into a bewitching café in a garden

It brought a “picnic in the park” concept.

by KRISANA GALLEZO
22 Apr 2014 | 14839 views

Korea’s Yoogane to open second outlet in Singapore

Korea’s Yoogane to open second outlet in Singapore

More outlets are soon to come.

by KRISANA GALLEZO
29 May 2014 | 14163 views
 

Singapore’s 8 hot new restaurants in June

Singapore’s 8 hot new restaurants in June

Have you dropped by to check them out?

by KRISANA GALLEZO
3 Jul 2014 | 13936 views

Pratt & Whitney Singapore office makes you feel like you’re in the outer space

Pratt & Whitney Singapore office makes you feel like you’re in the outer space

Take a sneak peek.

by KRISANA GALLEZO
25 Jun 2014 | 12047 views
 

Taiwan’s Sufood hit Singapore

Taiwan’s Sufood hit Singapore

Eight more outlets coming in five years.

by KRISANA GALLEZO
12 Jun 2014 | 6476 views

Will April be a better month for Singapore home sales?

Will April be a better month for Singapore home sales?

Everyone's devastated by the sudden crash in March.

by STAFF REPORTER
23 Apr 2014 | 5161 views
 

Meet the man who wants to change mobile networking in Singapore

Meet the man who wants to change mobile networking in Singapore

It’s all about ‘the art of click'.

by STAFF REPORTER
7 May 2014 | 1388 views

SingTel out, SIA in: Singapore Grand Prix finds new big time sponsor

SingTel out, SIA in: Singapore Grand Prix finds new big time sponsor

6-year partnership comes to an end.

by CARMINA JARIEL
15 Apr 2014 | 1360 views
 

RIP Tiger Mandala: What carrier is next to die?

RIP Tiger Mandala: What carrier is next to die?

See why Singapore based carriers are the least advantaged.

by KRISANA GALLEZO
27 Jun 2014 | 1291 views

Singapore startup builds world’s first crowdpricing platform

Singapore startup builds world’s first crowdpricing platform

Here’s how you could end up paying less.

by KRISANA GALLEZO
29 May 2014 | 1252 views
 

I bet you’ll cry after watching this: Singaporeans say ‘thank you’ to migrant workers

I bet you’ll cry after watching this: Singaporeans say ‘thank you’ to migrant workers

It has been viewed and shared nearly 425,000 times.

by KRISANA GALLEZO
27 Jun 2014 | 1208 views

See how 99.co plans to pacify exasperated house-hunters in Singapore

See how 99.co plans to pacify exasperated house-hunters in Singapore

Tired of bogus listings?

by CARMINA JARIEL
22 May 2014 | 1049 views
 

KepLand in the spotlight: After Equity Plaza, what's next to sell?

KepLand in the spotlight: After Equity Plaza, what\'s next to sell?

Keppel Land determined to hold its stake in MBFC Tower 3.

by KRISANA GALLEZO
26 Jun 2014 | 1015 views

Might as well say, what the :pluck?

Might as well say, what the :pluck?

Ann Siang Hill and Club Street welcome a new 45-seat dining enclave.

by KRISANA GALLEZO
26 Jun 2014 | 1008 views
 

Experience in 3D how your neighborhood will look like if sea levels rise

Experience in 3D how your neighborhood will look like if sea levels rise

This site is hitting almost a million unique visitors already.

by KRISANA GALLEZO
13 Jun 2014 | 889 views

Check out this WhatsApp like program for online chatting

Check out this WhatsApp like program for online chatting

This startup is on its final stages of closing $500,000 fund.

by KRISANA GALLEZO
19 Jun 2014 | 756 views
 

NUS alumni launch Singapore’s first business-sourcing platform

NUS alumni launch Singapore’s first business-sourcing platform

Its total seed funding now exceeded $100,000.

by KRISANA GALLEZO
26 Jun 2014 | 665 views

Check how this campaign compelled many Singaporeans to quit smoking

Check how this campaign compelled many Singaporeans to quit smoking

It claims of reversing five-year upward trend in smoking.

by KRISANA GALLEZO
20 Jun 2014 | 660 views
 

Get a taste of this new food hub offering in-house brewed beer

Get a taste of this new food hub offering in-house brewed beer

See how a game developer and an aircraft engineer pursue their passion for cooking.

by KRISANA GALLEZO
19 Jun 2014 | 608 views

Meet the man behind homegrown K.G. Tan & Co. PAC

Meet the man behind homegrown K.G. Tan & Co. PAC

The rest is history after he founded the firm in 2006.

by KRISANA GALLEZO
25 Jun 2014 | 585 views
 

AdHocSpace creates first short-term space booking portal in Asia

AdHocSpace creates first short-term space booking portal in Asia

Will it become the AirBnB for short-term commercial space rental?

by KRISANA GALLEZO
12 Jun 2014 | 542 views
close Don't Show Again

STAY INFORMED! Get our free weekly newsletter