Notice of Valuation of Real Assets::Notice of Valuation of Real Assets

Issuer & Securities

Issuer/ Manager
UOL GROUP LIMITED - SG1S83002349 - U14
Stapled Security

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
23-Jul-2020 17:17:52
Announcement Sub Title
Notice of Valuation of Real Assets
Announcement Reference
Submitted By (Co./ Ind. Name)
Yeong Sien Seu
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Notice of Valuation of Real Assets of the Company.

The Company's subsidiary, United Industrial Corporation Limited ("UIC"), has today also released an announcement on notice of valuation of real assets. For further details, please refer to the announcement released by UIC on the SGX website,

Additional Details

Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
30/06/2020Knight Frank Pte LtdPlease refer to the attached Appendix ASingapore Dollar3,920,760,000
30/06/2020Jones Lang LaSalle Property Consultants Pte LtdPlease refer to the attached Appendix BSingapore Dollar268,000,000
30/06/2020CBRE LimitedPlease refer to the attached Appendix CUnited Kingdom Pound363,150,000
30/06/2020CIVAS (NSW) Pty Limited72 Christie Street, St Leonards, Sydney, New South Wales 2065, Australia (Tenure of Land: Freehold)Australian Dollar160,000,000
30/06/2020Nawawi Tie Leung Property Consultants Sdn BhdPARKROYAL Serviced Suites Kuala Lumpur, No. 1 Jalan Nagasari Off Jalan Raja Chulan, 50200 Kuala Lumpur, Malaysia (Tenure of Land: Freehold)Malaysian Ringgit197,000,000
30/06/2020Cushman & Wakefield Shenzhen Valuation Co., Ltd. Tianjin BranchRetail mall and car park lots at The Esplanade, Hongqiao District, Tianjin, China (Tenure of Land: 40-Year Lease from 2006)Yuan Renminbi288,000,000
30/06/2020Savills Real Estate Valuation (Guangzhou) Ltd- Shanghai BranchRetail podium and car park lots at Park Eleven, No. 382 Danba Road, Putuo District, Shanghai, China (Tenure of Land: 70-Year Lease from 2011)Yuan Renminbi265,000,000
Valuation of Reports available for inspection at address during office hours
101 Thomson Road #33-00 United Square, Singapore 307591
Reports available till date