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OUE
M&A
OUE, Auric complete acquisition of controlling stake in Indonesia retailer Matahari with 32% stake
OUE and Auric Capital received 21.9% acceptances for their voluntary tender offer.
July 15, 2021
Right Timing
Investors take umbrage with SPH’s restructure by selling down
SPH's chart has broken down setting a downside objective. The STI's rebound is likely to encounter resistance at 3,222
May 07, 2021
Deals, joint ventures & alliances
OUE and Auric Capital to jointly acquire up to 50% stake in Indonesia’s Matahari Department Store
OUE and Auric Capital have established a 40:60 JV company for the proposed acquisitions in Matahari.
May 05, 2021
Right Timing
Property-related stocks take a breather
Property-related stocks are taking a breather, consolidating recent gains while the STI is likely to ease
April 23, 2021
Right Timing
Keppel readies for a break, caution on OUE surge, respite for STI
OUE has surged and looks set to move higher but caution should be exercised. Keppel Corp is challenging a downtrend and resistance
April 09, 2021
Results
OUE reports FY2020 losses of $343.4 mil, fair value losses of $435.4 mil
The company plans to pay a final dividend of one cent per share, versus total of five cents paid for FY2019.
February 24, 2021
REITs
For First REIT investors, it is either restructure or default
First REIT's unitholders have little choice but to vote a for a restructure despite a dilutive rights issue.
January 15, 2021
REITs
Enlarged, diversified portfolio increases OUE Commercial REIT's relevance and visibility
The stability of OUE C-REIT’s income has been underpinned by a diversified portfolio and relatively stable operating performance in the office segment, which recorded positive rental reversions in 2019 and for 1H2020.
August 21, 2020
Results
OUE reports losses of $207.2 million on fair value loss recognition
As at June 30, OUE’s net asset value was $4.25 per share
August 04, 2020
Property
OUE sells US Bank Tower for US$430 million
OUE will book a drop in EPS of 35 cents from the sale
July 17, 2020