PARKROYAL on Pickering conferred EDB Solar Pioneer award

Every of our project begins with having a fertile imagination. Our flagship hotel PARKROYAL on Pickering is one of the first in Singapore’s hospitality sector to feature a solar energy system.

The substantive 60kWp solar PV installation supplements the grid electricity usage and is calculated to power all the grow lamps and sky garden night lighting, reducing the consumption of precious non-renewable resources.

As a result of this innovative design concept, the development has been conferred a Solar Pioneer Award by the Energy Innovation Programme Office (EIPO). The EIPO is led by the Singapore Economic Development Board and the Energy Market Authority.

UOL Group wins Most Improved Award at SIAS Corporate Governance Awards

It's been a good run for UOL Group as far as awards are concerned.
Last night at the Fairmount Ballroom in Raffles City Convention Centre,
we were conferred the Most Improved Company by the Securities Investors
Association of Singapore (SIAS). We are truly grateful for the recognition by the
securities and investing community of our efforts to continuously improve
on our corporate governance practices. Our CFO Mr Wellington Foo collected the award
on our behalf. Once again, congratulation to our
board and our corporate governance champions.

What the analysts are saying about our bid at Paya Lebar

We went in for the tender for the mixed development site at the proposed Paya Lebar

commercial hub. So far, the response from the market has been reasonably positive. Here's what some are saying.
OCBC Research reckons the price was reasonable and we would be able to derive synergy from the development across the road at Lion City site.  Nomura thinks the tender price was below market expectations and suggests the tender reinforces our disciplined landbanking track record . Meanwhile, UBS investment research says we could re-create the mixed-use success in Novena where we control the popular commercial properties United Square and Novena Square.

The 2.07 ha site, which can generate about 87,000 sqm of GFA, is envisioned to be good-quality mixed-use development comprising office, hotel and retail uses. At least 40% and 15% of the maximum permissible GFA of the proposed development on the subject site must be set aside for office and hotel use respectively. The remaining GFA can be for additional office, hotel, retail, entertainment or food & beverage uses.
(Picture from URA website)

AGC takes up entire office block of PARKROYAL at Pickering

Our subsidiary Pan Pacific Hotels Group Limited  recently announced that Attorney-General's Chambers (AGC) has agreed to sign up a 30-year lease for the office building at the flagship PARKROYAL hotel at Upper Pickering Street. Currently under construction and expected to be completed in 3rd Quarter 2012, the office building is part of the PPHG's mixed-use development which also includes a 363-room hotel.

UOL Group wins FIABCI best condo award

Hey, we are pretty proud of this. UOL Group announced today that its Duchess Residences, a luxurious condominium project in Bukit Timah, has won the inaugural FIABCI Singapore Property Awards 2011 in the Residential (Low rise) category.
Previously, UOL has won four international FIABCI awards and with this win, it is qualified to participate in the FIABCI Prix d’Excellence Awards 2012, a prestigious international competition that is often dubbed the Oscars of architectural designs.
The FIABCI Singapore Property Awards recognises excellence in real estate projects or individual properties in terms of design, aesthetics, functionality, contribution to the built environment and community at large. Congrats to our colleagues!

Welcome to UOL Group Corporate Communication Blog

Hi everyone!

This is the UOL Group Corporate Communication Blog. Over here,
we share with you information, events, news reports, corporate developments,
product launches and other interesting updates at the UOL Group. We will be uploading photos, videos, announcements, press coverage, promotions and other news that may be of interest to you.
Feel free to send us feedback. Enjoy your visit!

Regards

UOL Corporate Communication Department