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.

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