Share price United Overseas Australia Ltd (UOA Group)

United Overseas Australia Ltd (UOA Group) is a property development and investment company whose operations are based mainly in Malaysia.

The group’s parent company is incorporated in Australia and listed on the Australian Securities Exchange and the Singapore Exchange. It has developed and constructed various commercial and residential projects in the Klang Valley, most notably the mixed-use Bangsar South district within Kuala Lumpur.

UOA was founded in 1987 by Malaysian engineers Kong Chong Soon and Kong Pak Lim. Prior to starting UOA, Chong Soon and Pak Lim were involved in the construction industry in Singapore and Australia respectively.

The group moved its headquarters to Kuala Lumpur in 1989 and has focused its operations in Malaysia since. Up to the late 2000s, it had completed projects with an aggregate gross development value of over RM3 billion, comprising mainly small to medium-sized commercial and residential developments.

Traded as:           ASX: UOS;     SGX: EH5

Industry:              Property development;     Property investment

Founded:            1987; 33 years ago

Headquarters:   UOA Corporate Tower Bangsar South, Kuala Lumpur, Malaysia

Subsidiaries:       UOA Development Bhd (69.11%);     UOA Real Estate Investment Trust (46%)

Website:              www.uoa.com.my

United Overseas Australia updates on potential impact of Covid-19 outbreak on group