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UOL still looking out for offices, hotels to buy

It reports a 27% drop in net profit for FY16 to S$287m on lower margins, fair value loss

UOL Group is still scouring for income-producing assets in gateway cities as the commercial and hospitality markets in Singapore remain under pressure this year.

But buying sentiment in Singapore's residential market has improved, said group deputy CEO Liam Wee Sin, a day before the group

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