UOL - UOL Group rated 'buy' by OCBC

Stock Name: UOL
Company Name: UOL GROUP LIMITED
Research House: OCBC

OCBC Investment Research in a Jan 19 research report says: "UOL announced that it has successfully tendered for the Lion City Hotel Site and the adjoining Hollywood Theatre Site for $313 million. We estimate that this project has a net present value of $62 million or $0.08 per share.

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