OUE

OUE raises stake in International Healthway Corp to 21.83%

SINGAPORE (Feb 8): OUE says that its wholly owned subsidiary OUE Investments has acquired an additional 9.29% stake in International Healthway Corp.

In print this week

3 undervalued small caps that might help you turn a profit

SINGAPORE (Jan 6): Screening for cheap companies does not always turn up bargains. Oftentimes, companies are undervalued for a good reason.

Broker's Calls

10 stock picks to guide you through a lacklustre 1H17

SINGAPORE (Nov 28): With the Singapore market being dragged down this year by events such as Brexit and the US presidential elections, OCBC Investment Research expects the lacklustre sentiment to continue at least into 1H17 as corporate earnings and econo

Broker's Calls

Is record bid for Central Boulevard white site a sign of things to come?

SINGAPORE (Nov 10): The tender for the white site at Central Boulevard saw a top bid of $2.6 million, or $1,689 per sq ft per plot ratio (psf ppr) from IOI Properties, which CIMB said was the “highest price paid for a white site” and exceeded the brok

Results

OUE’s 3Q earnings double to $108 mil on higher sales and one-off gains

SINGAPORE (Nov 2): OUE reported 3Q earnings more than doubled to $107.6 million from $15 million a year ago, thanks to higher sales as well as divestment and other gains.

Broker's Calls

United Engineers sale a boon for investors

SINGAPORE (Oct 27): UOB Kay Hian has initiated coverage on United Engineers (UE) , rating it a “buy” call with a target price of $2.96, citing the sale of the OCBC and Great Eastern stake a matter of when and not if.

Market Close

STI closes 0.1% lower at 2,881.79

SINGAPORE (Oct 5): Singapore stocks ended Wednesday lower, snapping gains as developers lose ground on a mixed lead from other Asian markets.

UE says not aware of undisclosed information behind unusual trading

SINGAPORE (Oct 5): Other than the joint announcement by Oversea-Chinese Banking Corp and Great Eastern Holdings on Sept 26 and the announcement by OUE on Wednesday, United Engineers says it is not aware of any undisclosed information that could explain it

OUE falls after saying not in talks over UE stake purchase

SINGAPORE (Oct 5): Shares of OUE are down 3 cents to $1.76 after revealing it has been approached to see if it is interested in buying a stake in United Engineers, although it says it wasn’t in talks for such a deal.

OUE says group approached to purchase UE shares but is not in talks

SINGAPORE (Oct 5): OUE says the company "has been approached" to purchase shares in United Engineers.
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