OUE

Billionaire Riady family said to pursue United Engineers stake

SINGAPORE (Oct 4): OUE, backed by the billionaire Riady family, plans to pursue a stake in Singapore property and construction firm United Engineers, a person with knowledge of the matter said.

Beware headwinds in property sector but also seize the day

SINGAPORE (Sept 21): Despite the resale market remaining vibrant in August, with 750 caveats lodged, OCBC Research is maintaining its “neutral” call on the property sector, citing physical oversupply for 2016 to 2017.

Stocks To Watch

CRCT, OUE, Trek, Parkson Retail, NauticAWT, Otto Marine

SINGAPORE (Aug 19): Here are some stocks which could move the market this Friday morning.

OUE acquiring two land plots at Nassim for $57 mil

SINGAPORE (Aug 19): OUE has successfully tendered for two land parcels located at 28 Nassim Road at a bid price of $56.6 million.

Broker's Calls

OUE buoyed by ‘encouraging sales’ at Twin Peaks

SINGAPORE (Aug 10): OCBC has maintained its “buy” call for developer OUE, with a target price of $2.17.

Results

OUE swings back to profitability in 2Q

SINGAPORE (Aug 4): Property group OUE swung back into the black with 2Q earnings of $25.7 million from a loss of $16.3 million a year ago.
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