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UOL net profit up 14% for FY19

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The Parkroyal Collection Marina Bay, Singapore, will be operated by Pan Pacific Hospitality, a wholly-owned unit of UOL Group.

Singapore

HIGHER fair value and other gains boosted UOL's net profit by 14 per cent to S$478.8 million for the full year ended Dec 31, 2019, while revenue declined 5 per cent to S$2.28 billion.

The property developer saw higher attributable fair value and other gains of S$165.1...

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