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Gordon Tang of Singhaiyi becomes substantial unitholder in OUE C-REIT

PC Lee Published on Mon, Mar 20, 2017 / 12:04 PM GMT+8

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SINGAPORE (March 20): Chinese tycoon Gordon Tang has emerged as a substantial shareholder in OUE Commercial REIT (OUE C-REIT).

Tang, who heads property developer Singhaiyi Group, now owns 7.68% of OUE C-REIT, up from his previous holding of 4.88%, following a private placement.

Tang was a cornerstone investor in OUE Commercial REIT when it was listed in 2014.

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