UOL has a new subsidiary
Principal activity will be investment holding.
The Board of Directors of UOL Group Limited announced that the company’s wholly-owned subsidiary UOL Venture Investments Pte. Ltd. has incorporated a new subsidiary in Singapore.
United Venture Investment (Thomson) Pte. Ltd. is 60% held by UVI and 40% held by S.L. Development Pte. Limited.
Issued and paid up capital is S$10 comprising 10 ordinary shares.