OUE Limited

OUE issues $150 mil green notes due 2029 at 4.0%  - THE EDGE SINGAPORE

Company in the news

OUE issues $150 mil green notes due 2029 at 4.0%

The notes were issued under the group’s $3 billion multicurrency debt issuance programme, which was established on Nov 30, 2016.

Results

OUE expected to record a loss for 1HFY2024 mainly due to estimated losses from 25.2%-owned investee company

OUE will release its results for the 1HFY2024 on or before Aug 14.

Contracts

OUE awarded tender for lease and development of new hotel at Changi Airport Terminal 2

The hotel, to be named Hotel Indigo Changi Airport, is expected to be completed and fully operational by 2028.

Company in the news

OUE Group completes $22 mil asset enhancement at Crowne Plaza Changi Airport

The AEI saw the addition of a dozen guest rooms to a total of 575 rooms, a revamped all-day dining area and new MICE spaces.
OUE streamlines business with ‘asset-right’ strategy - THE EDGE SINGAPORE

Billion Dollar Club 2023

OUE streamlines business with ‘asset-right’ strategy

An “asset-right” model is the north star of OUE, as the group manages multiple income streams across real estate and healthcare.
OUE Group announces $22 million AEI at Crowne Plaza Changi Airport, slated to complete by year-end - THE EDGE SINGAPORE

REITs

OUE Group announces $22 million AEI at Crowne Plaza Changi Airport, slated to complete by year-end

Works include the addition of 12 guest rooms and repurposing a former restaurant space into a 352 sq m function room.
Hilton Singapore Orchard reopens 446-room Orchard Wing - THE EDGE SINGAPORE

Tourism

Hilton Singapore Orchard reopens 446-room Orchard Wing

The hotel’s total inventory of 1,080 rooms is now fully operational.
OUE and OUE Lippo Healthcare ink partnership with 3 Singapore medical specialist groups - THE EDGE SINGAPORE

Healthcare

OUE and OUE Lippo Healthcare ink partnership with 3 Singapore medical specialist groups

The partnership will see OUE and OUELH spend about $31 million to buy its 60% stake.
OUE reverses to black as it reports earnings of $50.9 mil for the 2HFY2021 on higher adjusted EBIT - THE EDGE SINGAPORE

Results

OUE reverses to black as it reports earnings of $50.9 mil for the 2HFY2021 on higher adjusted EBIT

The group has declared a final dividend of 1 cent per share, bringing the total dividend in the FY2021 to 2 cents per share.
OUE expects to record loss in FY2020 - THE EDGE SINGAPORE

Results

OUE expects to record loss in FY2020

OUE will release its results on Feb 24.
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