United Industrial Corporation
United Industrial Corporation (UIC) is a Singapore-listed company whose core business is property development and investment, and with the acquisition of the majority equity of Singapore Land Limited, a well-established property company in 1990, the group became a major real estate developer with a portfolio of 2.6 million sq ft of office space and one million sq ft of retail premise in Singapore. In 2014, UIC successfully privatized Singapore Land.
The group’s property portfolio includes some of Singapore’s best-known commercial and retail landmarks as well as residential projects in prime and suburban areas such as Singapore Land Tower, Clifford Centre, SGX Centre, The Gateway, ABACUS Plaza and Tampines Plaza, West Mall as well as Marina Square. Overseas investments include properties in Shanghai, Beijing and Tianjin, China. The Group is actively pursuing investment opportunities in overseas markets.
JG Summit is one of the largest individual shareholders of UIC at 37% stake.
* Source: Company Websites and Filings
Visit www.uic.com.sg for more information.