OUE

Deals, joint ventures & alliances

OUE buys 17.2% stake in Indonesian tech investment firm Multipolar for $95.6 mil from Riady-owned company

The stake is being acquired from an investment holding company held by Stephen and James Riady.
First REIT’s price surge readies it for acquisitions in Myanmar, China or Japan - THE EDGE SINGAPORE

Right Timing

First REIT’s price surge readies it for acquisitions in Myanmar, China or Japan

First REIT's price surge could ready it for acquisitions in Myanmar, China or Japan.
New CEO of OUE Commercial REIT's manager appointed  - THE EDGE SINGAPORE

REITs

New CEO of OUE Commercial REIT's manager appointed

A new CEO has been appointed to OUE Commercial REIT's manager

Results

OUE revenue halved but back into the black for 1HFY21

The company plans to pay an interim dividend of one cent per share
OUE, Auric complete acquisition of controlling stake in Indonesia retailer Matahari with 32% stake - THE EDGE SINGAPORE

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.
Investors take umbrage with SPH’s restructure by selling down - THE EDGE SINGAPORE

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
OUE and Auric Capital to jointly acquire up to 50% stake in Indonesia’s Matahari Department Store - THE EDGE SINGAPORE

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.
Property-related stocks take a breather,  - THE EDGE SINGAPORE

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
Keppel readies for a break, caution on OUE surge, respite for STI - THE EDGE SINGAPORE

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
OUE reports FY2020 losses of $343.4 mil, fair value losses of $435.4 mil - THE EDGE SINGAPORE

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.
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