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1979 » Formation of URA Property Management Division 1989 » URA formed Pidemco Land » DBS Land joint ventured with HDB and formed Esmaco Pte Ltd 1999 » Pidemco Land formed PREMAS International Limited 2001 » DBS Land and Pidemco Land merged and formed CapitaLand Ltd » PREMAS International Limited became a subsidiary of CapitaLand Ltd » Esmaco Pte Ltd became a subsidiary of PREMAS International Limited and HDB 2005 » Esmaco Pte Ltd became fully owned by PREMAS International Limited » PREMAS International Limited was acquired by United Group Limited and renamed United PREMAS Limited 2007 » United Premas Limited launched a brand name UGL Premas |