Merger of OUE Commercial REIT and OUE Hospitality Trust takes effect
OUE Commerical REIT and OUE Hospitality Trust’s merger took effect Wednesday, creating a REIT with assets of around S$6.9B, the two REITs said Wednesday.
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UPDATE: Singapore stocks to watch Monday: DBS, Keppel, SembMarine, BreadTalk, Frasers Property
These are Singapore companies which may be in focus on Monday, 2 September 2019: DBS, Frasers Property, Ascott Residence Trust and CRCT.
UPDATE: Singapore stocks to watch Thursday: ThaiBev, YZJ, Sembcorp, OUE, Accordia Golf, No Signboard
These are Singapore companies which may be in focus on Thursday, 15 August 2019: Thai Beverage, Yangzijiang, Sembcorp, OUE and Accordia Golf.
UPDATE: Singapore stocks to watch Wednesday: Wilmar, ComfortDelGro, MUST, Yanlord, OUE, Accordia Golf
These are Singapore stocks which may be in focus on Wednesday, 14 August 2019: Wilmar, ComfortDelGro, MUST, Yanlord, OUE and Accordia Golf.
OUE Hospitality Trust reports 2Q19 net property income fell 5 percent
OUE Hospitality Trust reported Tuesday its 2Q19 net profit income declined 4.5% on-year amid lower contributions from the hospitality and retail segments.
OUE: Majority of holders S$150 million 3 percent bonds tender for redemption
Around 89.67% of OUE’s S$150M 3.0% exchangeable bonds due 2023, or S$134.5M worth, were tendered for redemption, the property developer said Wednesday.
OUE proposes redeeming S$150 million exchangeable bonds due 2023
OUE invited holders of its S$150M 3 percent exchangeable bonds due 2023 to tender the securities for early redemption, the property company said Tuesday.
OUE Hospitality Trust reports 1Q19 net property income fell
OUE Hospitality Trust reported Thursday its 1Q19 net property income fell 2.2% on-year to S$27.7M amid lower hospitality income and higher interest expense.
UPDATE: OUE Commercial REIT and OUE Hospitality Trust propose S$1.52 billion merger
OUE Commercial REIT and OUE Hospitality Trust said on Monday they were proposing a merger which would create one of the largest diversified S-REITs.
UPDATE: Singapore competition regulators fine Capri, Village Hotels, Crowne Plaza for sharing data
Singapore competition regulators fined the owners and operators of several hotels, saying that they shared pricing details on their corporate customers.
UPDATE: Singapore stocks to watch Wednesday: Starhill Global REIT, Suntec REIT, OUE Hospitality, SGX
These are Singapore stocks which may be in focus on Wednesday, 30 January 2019: Starhill Global REIT Starhill Global REIT reported net property income for…
OUE Hospitality Trust 4Q18 net property income fell 1 percent on lower hotel, retail revenue
OUE Hospitality Trust reported on Tuesday its fourth quarter net property income fell 1 percent on-year to S$28.90 million as revenue from both its hospitality…
Singapore stocks to watch Thursday: Singtel, Yangzijiang, Capitaland, Hi-P, OUE H-Trust
These are Singapore stocks likely to be in focus on Thursday 8 November 2018: Singtel Singtel reported on Thursday that its net profit for the…
OUE Hospitality Trust reports 3Q18 net property income fell as hotel revenue fell
OUE Hospitality Trust reported on Wednesday that its third quarter net property income fell 1.4 percent on-year to S$29.1 million amid lower revenue from both…
UPDATE: Singapore stocks to watch Friday: Sembcorp Industries, SGX, Mapletree Logistics, China Environment
These are Singapore stocks which may be in focus on Friday 2 November 2018: Sembcorp Industries Sembcorp Industries reported third quarter net profit fell 11.6…
Update: Singapore stocks to watch Thursday: Keppel, SPH, SGX, Creative, China Jinjiang
These are the Singapore stocks which may be in focus on Thursday 27 September 2018: Keppel, SPH, Keppel T&T and M1 Both Keppel Corp. and…
OUE Hospitality Trust upgraded to Buy by OCBC as ‘too cheap to ignore’
OCBC upgraded OUE Hospitality Trust to Buy from Hold, saying the unit price is “too cheap to ignore” after its sharp drop this month following…
Singapore competition authorities allege possible infringement by some hotels
The Competition & Consumer Commission of Singapore (CCCS) on Thursday issued a proposed infringement decision (PID) against several Singapore hotels for allegedly entering into agreements…
Singapore stocks to watch Friday: UOB, Sembcorp Industries, hotels, Ascendas Hospitality
These are the Singapore stocks likely in focus on Friday, 3 August 2018. UOB Singapore bank UOB reported on Friday that its second-quarter net profit…
Singapore stocks to watch Monday: SGX, iFast, M1, Starhill Global REIT
Singapore Exchange Singapore Exchange’s fiscal fourth quarter net profit slipped 1.8 percent on-year to S$83.67 million as higher expenses and taxes offset a 2.5 percent…
OUE Hospitality Trust 2Q18 net property income slips on lower hospitality revenue
OUE Hospitality Trust reported on Friday that net property income for the second quarter fell 0.5 percent on-year to S$26.49 million amid the absence of…
Singapore stocks to watch Monday: SATS, Wilmar, Wheelock, OUE Hospitality, MIT
These are the Singapore stocks that may be in focus on Monday 16 July 2018: SATS and Wilmar SATS said that its wholly owned subsidiary…
Singapore stocks to watch Friday: Sembcorp, Keppel, OUE Hospitality
These are the Singapore stocks in focus on Friday, 1 June 2018: Sembcorp Industries Sembcorp Industries said it reached a deal to acquire British flexible…
Singapore Pre-Market Thursday: UOB, Sembcorp Industries, Hi-P
Singapore’s shares will start trade on Thursday with a negative lead from Wall Street and a mixed bag of earnings from local companies. Japan’s market…