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.
These are Singapore companies which may be in focus on Monday, 2 September 2019: DBS, Frasers Property, Ascott Residence Trust and CRCT.
These are Singapore companies which may be in focus on Thursday, 15 August 2019: Thai Beverage, Yangzijiang, Sembcorp, OUE and 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 reported Tuesday its 2Q19 net profit income declined 4.5% on-year amid lower contributions from the hospitality and retail segments.
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 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 reported Thursday its 1Q19 net property income fell 2.2% on-year to S$27.7M amid lower hospitality income and higher interest expense.
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.
Singapore competition regulators fined the owners and operators of several hotels, saying that they shared pricing details on their corporate customers.
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 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…