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United Kingdom

United Overseas Bank Ltd (UOBH.SI)

UOBH.SI on Stock Exchange of Singapore

26.79SGD
13 Dec 2017
Change (% chg)

$0.15 (+0.56%)
Prev Close
$26.64
Open
$26.36
Day's High
$26.79
Day's Low
$26.36
Volume
2,995,900
Avg. Vol
1,854,712
52-wk High
$26.79
52-wk Low
$20.05

Latest Key Developments (Source: Significant Developments)

United Overseas Bank says Sydney branch to issue A$400 mln floating rate notes
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - United Overseas Bank Ltd ::Co's Sydney branch intends to issue A$400 million floating rate notes due November 2018​.  Full Article

United Overseas Bank posts quarterly net profit after tax S$‍883​ million
Thursday, 2 Nov 2017 

Nov 3 (Reuters) - United Overseas Bank Ltd :Qtrly net profit after tax S$‍883​ million versus S$791 million.Qtrly ‍net interest income increased 4% to S$1.41 billion​‍​.‍As at 30 September 2017, amount of non-performing loans grew 7% year-on-year.Fully-loaded common equity tier 1 capital adequacy ratio (CAR) rose to 13.8% as at 30 Sept 2017​.  Full Article

United Overseas Bank says‍ Chairman Emeritus Wee Cho Yaw will retire from board
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - United Overseas Bank Ltd ::Chairman Emeritus Wee Cho Yaw to retire from UOB board​.Board nominates Wong Kan Seng to succeed Hsieh Fu Hua as chairman​.  Full Article

Orix Corp will take an over 10 pct joint stake in Bitexco Power - Nikkei
Wednesday, 31 Aug 2016 

Nikkei : Orix Corp plans to send directors to Bitexco Power, and will offer advice on business operations as well - Nikkei . Orix Corp will invest in Vietnam's Bitexco Power in September - Nikkei .Orix Corp will take an over 10% joint stake in Bitexco With Singapore's United Overseas Bank in Mid-September - Nikkei.  Full Article

Mencast Holdings announces banking facilities with United Overseas Bank Ltd
Monday, 22 Aug 2016 

Mencast Holdings Ltd : Banking facilities with United Overseas Bank Limited . The group has on 19 August 2016 entered into banking facility agreements with United Overseas Bank Limited . Group secured loan facility of up to S$50.0 million with United Overseas Bank; also secured facilities of up to S$24.9 million, comprising term loan facility . Says funds from the banking facilities will be used for the redemption of the outstanding bonds of S$50 million .  Full Article

United Overseas Bank updates on outlook
Thursday, 28 Jul 2016 

United Overseas Bank Ltd :"Looking ahead uncertain outlook; low interest rates globally even as pick-up in credit costs expected" .  Full Article

United Overseas Bank posts qtrly net profit of S$801 mln
Thursday, 28 Jul 2016 

United Overseas Bank Ltd : Second quarter and/ or half yearly results) . Qtrly net profit s$801 million versus s$762 million a year ago . Qtrly net interest margin 1.68 percent versus 1.77 percent . Qtrly net interest income s$1.21 billion versus s$1.21 billion . Asset quality remained stable with npl ratio at 1.4% for quarter end .An interim one-tier tax-exempt dividend of 35 cents per ordinary share has been declared in respect of FY ending 31 December 2016.  Full Article

United Overseas Bank says UOB Asset Management amalgamated 2 units in Taiwan
Friday, 15 Jul 2016 

United Overseas Bank Ltd : Says amalgamation involved a share swap of one Uobia share for 0.03278566 Uobam Taiwan share . Amalgamation is not expected to have any material impact on EPS or net tangible assets per share for year ending 31 December 2016 . Says Uob Asset Management Ltd. amalgamated Uob Investment Advisor (Taiwan) Ltd. and Uob Asset Management (Taiwan) Co., Ltd. . 7.5 mln shares in the capital of Uobam Taiwan, each with a par value of NTD10, have been issued to Uobams .  Full Article

Moody's changes outlook on Singapore's banking system to negative
Thursday, 30 Jun 2016 

Moody's: Moody's changes outlook on Singapore's banking system to negative . Moody's On Singapore - Expect rising risks to the banks' asset quality and profitability . Moody's On Singapore - Growth will be adversely affected by slowing domestic manufacturing sector, weaker economic activity in Greater China, Malaysia .Moody's - Negative outlook on Singapore's banking system over next 12-18 months reflects weaker operating conditions for the banks.  Full Article

United Overseas Bank Ltd says intends to issue covered bonds due 2021
Wednesday, 2 Mar 2016 

United Overseas Bank Ltd:Says intends to issue EUR500 million 0.25% covered bonds due 2021.Covered bonds will be issued as the first series under the US$8 billion global covered bond programme.Says there is no guarantee that an application to the sgx-st will be approved.Says it is intended that the covered bonds will mature on 9 March 202.  Full Article

SE Asia Stocks-Most recover from early falls; Singapore at 31-month high

By Chris Thomas Dec 13 Most Southeast Asian stock markets recovered to close higher on Wednesday, with Singapore settling at its highest in 31 months. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent as crude oil futures gained some lost ground. Crude oil futures climbed after investors took profits following their surge to two-year highs in the previous session on an unplanned closure of a pipeline that carries the largest volume of North