UNITED Industrial Corp (UIC) is seeking approval from its shareholders later this month to change its name to Singapore Land Group.
In its circular to shareholders, UIC said that "Singapore Land" has a strong historical brand equity within real estate circles.
This proposed name change comes on the heels of a change in leadership at UIC.
Lim Hock San retired as chief executive officer (CEO) and president of UIC on Sept 30, 2020 after 28 years in both roles.
With Mr Lim's departure, Jonathan Eu, the chief operating officer (COO), is now responsible for the operations and performance of UIC.
Time will tell if he will be made CEO and president of UIC.
Mr Eu, who became COO at the start of last year, is...