Our history

Our milestones

1. 2025

   Greenbridge rights issue and a new buy-back

   In August 2025, UIE invested an additional SEK 30 million (USD 3.1 million) in Greenbridge through an oversubscribed rights issue, which raised a total of SEK 240 million. Part of the proceeds increased Greenbridge's investment in Divergent through its Series E round, in which Divergent raised USD 290 million.

   In November 2025, UIE initiated a share buy-back programme aimed at acquiring up to 2% of its share capital by the end of December 2026.

2. 2024

   Two new Greenbridge companies; buy-back completed

   Greenbridge added EpinovaTech, specialising in advanced semiconductor technology, and Complexio, a foundational AI company. In March, Greenbridge raised SEK 500 million through a rights issue; UIE invested SEK 54 million (USD 5.2 million).

   UIE's share buy-back programme completed on 29 November 2024, having acquired the maximum 950,000 shares — 2.95% of the share capital — for DKK 249.4 million (USD 36.6 million), an average of DKK 262.5 per share.

   Unitata refinery celebrated 50 years since its commissioning in 1974 as Malaysia's first inland refinery.

3. 2023

   Divergent joins the Greenbridge portfolio

   Greenbridge disposed of one of its minor investments, Rus-Savitar, and added a new investment through a USD 15 million investment in Divergent Technology Inc.

4. 2022

   Share split and a larger Greenbridge holding

   On 18 May 2022, UIE invested an additional SEK 165 million (USD 16.9 million) in Greenbridge. As part of this process, the investors agreed to convert Greenbridge from an investment partnership into a company incorporated in Luxembourg.

   At the AGM on 19 May 2022, shareholders authorised a ten-for-one share split, completed on 4 August 2022. During 2022 a total of 1,500,000 shares of USD 1.00 each were cancelled, a 4.4% reduction of the share capital.

5. 2021

   Add-on investments and a completed buy-back

   UIE invested an additional USD 3.1 million in Greenbridge, primarily for add-on investments in Neo4j and the Brazilian transport technology company nstech.

   A share buy-back programme launched in March completed on 15 June, acquiring 130,000 shares — 3.85% of the share capital — for DKK 215.2 million (USD 35.1 million).

6. 2019

   UIE moves its domicile to Malta

   In December 2019, UIE changed its domicile from The Bahamas to Malta, and its name from “United International Enterprises Limited” to “UIE Plc.”

   During the year UIE increased its interest in UP to 48.4%, and UP took over the management of Pinehill Estates' 3,642 hectares, renamed Tanarata Estate.

7. 2018

   UniFuji and Optimill commissioned

   The UniFuji refinery, jointly owned by UP and Fuji Oil, was commissioned, along with Optimill — a modern and highly efficient palm oil mill at Ulu Bernam. MSAB was delisted from Nasdaq Stockholm in January.

8. 2017

   Shares in MSAB exchanged for Schörling & Partners

   UIE agreed to exchange its shares in MSAB for shares in the newly formed, unlisted Schörling & Partners AB. UP and Fuji Oil announced a 50:50 joint venture, UniFuji Sdn. Bhd., producing value-added palm fractions for the speciality fats and chocolate industry from certified sustainable palm oil traceable to UP's plantations.

9. 2015

   Greenbridge founded; AAK association ends

   On 9 November 2015, UIE committed up to SEK 200 million to Greenbridge Investment Limited Partnership, focused on high-tech and software companies. In February 2015, UIE sold its residual shareholding in AAK, ending a near 40-year investment association.

10. 2009

    A change of Managing Director

    John A. Goodwin retired after more than 26 years with the company. Ulrik Juul Østergaard was appointed Managing Director.

11. 2008

    The world's first certified sustainable palm oil

    In August 2008, United Plantations was appointed the world's first certified producer of sustainable palm oil by the Roundtable on Sustainable Palm Oil (RSPO).

12. 2005

    AarhusKarlshamn formed; a generational change

    Aarhus United merged with Karlshamn AB to form AarhusKarlshamn (AAK). At the AGM on 14 June 2005, Tan Sri Dato' Seri B. Bek-Nielsen retired as Chairman and CEO. His sons Carl and Martin Bek-Nielsen became Chairman and Deputy Chairman.

13. 1987

    Ten thousand hectares in Perak

    On 16 December 1987, United International Enterprises (M) Berhad bought 10,405 hectares of neglected former sugar cane land in Perak, Malaysia. Over the following five years it was planted with high-yield oil palms developed by UP. The investment amounted to DKK 350 million.

14. 1983

    Listed in Luxembourg, then Copenhagen

    In May 1983 the shares were admitted for quotation in Luxembourg; in December 1984 they were also listed on the Danish stock exchange. The double quotation continued until January 1992.

15. 1982

    UIE is founded

    United International Enterprises Limited was founded by Tan Sri Dato' Seri B. Bek-Nielsen following the sale of United Plantations Berhad to Malaysian interests under the Malaysian government's New Economy Policy. UIE's primary purpose was to invest in the agro-industrial sector, particularly in Malaysia.