---
title: "UOL forms 50-50 joint venture with Kheng Leong to develop Secure Venture Development (Geranium)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295648728.md"
description: "UOL Group Limited formed a new 50-50 joint venture named Secure Venture Development (Geranium) with Kheng Leong for real estate development. This move is part of UOL's broader activity in the first half of 2026, which also included establishing other joint ventures with Singapore Land, CapitaLand Singapore, and Mitsubishi Estate."
datetime: "2026-08-12T10:23:46.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295648728.md)
  - [en](https://longbridge.com/en/news/295648728.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295648728.md)
---

# UOL forms 50-50 joint venture with Kheng Leong to develop Secure Venture Development (Geranium)

-   UOL formed new Singapore property-development joint ventures with Singapore Land, Kheng Leong, CapitaLand Singapore, Mitsubishi Estate during 1H 2026. \* Key venture: Dandelion Development, a 50:50 JV between Secure Venture Development (Dandelion) and CapitaLand-Mitsubishi-backed Comet One. \* Effective stake in Dandelion Development: UOL 30%; Singapore Land 10%; Kheng Leong 10%; CapitaLand 30%; Mitsubishi Estate 20%. \* Also set up Secure Venture Development (Geranium), a 50:50 real estate development venture between UOL and Kheng Leong. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UOL Group Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 9TGV2TDEYZVPP0Q7) on August 12, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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