{"id":97546,"date":"2018-09-10T10:39:41","date_gmt":"2018-09-10T03:39:41","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uol-names-successor-to-group-ceo\/"},"modified":"2018-09-10T11:02:50","modified_gmt":"2018-09-10T04:02:50","slug":"uol-names-successor-to-group-ceo","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uol-names-successor-to-group-ceo\/","title":{"rendered":"UOL names successor to Group CEO"},"content":{"rendered":"


\nUOL will appoint Liam Wee Sin as its Group Chief Executive with effect from January next year.
\nUOL has revealed the successor who will assume the role of current Group CEO Gwee Lian Kheng, 77, who is set to retire next year, revealed an SGX filing on Friday (7 Sept).
\nThe Singapore-listed property developer announced that with effect from 2 January 2019, its current Deputy Group CEO Liam Wee Sin, 59, will replace Gwee, who will remain as a board director.
\nMore: More Developers Think That Private Condo Prices Will Fall
\nLiam started working with UOL in 1993 and was promoted from his previous role of President (Property) to Deputy Group CEO in August 2015. He graduated from the National University of Singapore with a bachelor\u2019s degree in Architecture. He is also an advocate of good building design and innovative construction technologies in Singapore\u2019s property market.
\n\u201cI would like to thank the board for the appointment and I am deeply honoured to succeed Mr Gwee, who has steered UOL through various property cycles to become a leading developer in Singapore today,\u201d said Liam.
\n\u201cTogether with my team, we will continue to share the vision and drive that has guided UOL all these years to create value for our stakeholders in the fast changing business environment.\u201d
\nTouted as one of the top developers, UOL has total assets amounting to nearly $20 billion. It has a portfolio of residential projects and investment properties like hotels and serviced suites across 12 countries in Asia, Oceania and North America. These include properties under the Pan Pacific and PARKROYAL brands, in addition to prime commercial assets and hotels in Singapore.
\nCheck out the project reviews of Amber45 and The Tre Ver, two private condominiums which are being developed by UOL Group.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…UOL names successor to Group CEO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

UOL will appoint Liam Wee Sin as its Group Chief Executive with effect from January...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-97546","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-pnk","jetpack-related-posts":[{"id":93351,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uol-groups-gwee-lian-kheng-to-retire-as-ceo\/","url_meta":{"origin":97546,"position":0},"title":"UOL Group\u2019s Gwee Lian Kheng to retire as CEO","date":"July 7, 2018","format":false,"excerpt":"\r UOL Group\u2019s total assets have grown to about $20 billion as at 31 March.\u00a0 UOL Group\u2019s board of directors is on the lookout for a new group chief executive as its current chief Gwee Lian Kheng is set to retire on 31 January 2019, after 45 years of service.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":46019,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uol-net-profit-down-27-to-287m\/","url_meta":{"origin":97546,"position":1},"title":"UOL net profit down 27% to $287m","date":"February 27, 2017","format":false,"excerpt":"\r Artist\u2019s impression of The Clement Canopy, a new condominium being jointly developed by UOL Group.\u00a0 UOL Group\u2019s net profit for the financial year ended 31 December 2016 fell 27 percent to $287 million from $391 million during the previous year, mainly due to valuation losses on investment properties. Revenue\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62970,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uol-net-profit-up-59-in-q2\/","url_meta":{"origin":97546,"position":2},"title":"UOL net profit up 59% in Q2","date":"August 7, 2017","format":false,"excerpt":"\r Mainly due to higher revenue recognition from its Singapore condominium project, Principal Garden, UOL saw its net profit increase from\u00a0S$68.8 million in Q2 2016 to S$109.4 million in the second quarter of 2017. (Image: UOL Group Limited) Despite a 59 percent increase in net profit in Q2 2017, UOL\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22019,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uols-profit-plunges-55-in-q2-on-investment-losses\/","url_meta":{"origin":97546,"position":3},"title":"UOL's profit plunges 55% in Q2 on investment losses","date":"August 5, 2016","format":false,"excerpt":"\r Artist\u2019s impression of Botanique at Bartley by UOL Group. Property developer UOL Group has reported a 55 percent slump in net profit to S$68.8 million in the second quarter ended 30 June 2016, due mainly to fair value losses on investment properties. The Singapore-listed company recorded losses totalling S$21.5\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114648,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uol-net-profit-up-14-to-478-8m-in-2019\/","url_meta":{"origin":97546,"position":4},"title":"UOL net profit up 14% to $478.8m in 2019","date":"March 2, 2020","format":false,"excerpt":"\r The company attributed the hike to higher attributable fair value and other gains of $165.1 million compared with the previous year\u2019s $85.3 million. Photo: Avenue South Residence UOL Group saw its net profit for the full year ended 31 December 2019 increase 14% to $478.8 million from $418.3 million\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67724,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uol-associate-acquires-nanak-mansion-for-201-1mil\/","url_meta":{"origin":97546,"position":5},"title":"UOL associate acquires Nanak Mansion for $201.1mil","date":"September 29, 2017","format":false,"excerpt":"\r A view of Nanak Mansion located at 92A Meyer Road, a medium rise building with garden spaces.(Photo: JLL) In the latest en bloc sale, UOL Group associate, Secure Venture Development (No.1) Pte. Ltd. (SVD1), acquired the freehold Nanak Mansion at 92-128 Meyer Road for $201.1 million. SVD1 will develop\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/97546"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=97546"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/97546\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=97546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=97546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=97546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}