News Formal

Stocks to watch: OUE, OUE C-Reit, UOB, Tuan Sing Holdings

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

THE following companies saw new developments that may affect trading of their shares on Tuesday: Read more at The Business Times.

OUE Limited, OUETwo OUE units announced a merger on Monday to create a S$6.8 billion diversified Reit. Under the proposed scheme, OUE C-Reit will pay each holder of OUE Hospitality Trust stapled security S$0.04075 cash, plus 1.3583 new OUE C-Reit units. This translates to a deal valuation of S$1.49 billion, with S$74.6 million in cash, and the balance paid by the issue of about 2.5 billion new OUE C-Reit units to OUE H-Trust holders at S$0.57 per OUE C-Reit unit. The S$0.

OUE C-Reit last traded at S$0.52 for a market cap of S$1.49 billion on Friday, while OUE H-Trust closed at S$0.735 for a market valuation of S$1.34 billion. Parent company OUE Group will continue to retain a 48.3 per cent in the enlarged Reit. OUE shares closed at S$1.77 on Friday. OUE C-Reit, OUE H-Trust and parent company OUE Ltd all called for trading halts on Monday morning before the announcements. The companies have since requested the lifting of these trading halts.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 15. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Stocks to watch: OUE, OUE C-Reit, OUE H-Trust, ASTI Holdings, Mindchamps, RHT Health TrustStocks to watch: OUE, OUE C-Reit, OUE H-Trust, ASTI Holdings, Mindchamps, RHT Health Trust
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »

OUE Commercial Reit, OUE Hospitality Trust in merger talksProperty field_blurb Read more at The Business Times.
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »

OUE Commercial Reit, OUE Hospitality Trust in proposed merger by trust schemeProperty field_blurb Read more at The Business Times.
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »

Two OUE Reits join consolidation trend with proposed mergerCONSOLIDATION in the Reit sector appears to be gaining momentum - two OUE units announced a merger on Monday to create a S$6.8 billion diversified real estate investment trust (Reit) whose unit price could rise over time with increased liquidity and institutional interest. Read more at The Business Times.
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »

Stocks to watch: Keppel Reit, Nam Cheong, Tritech Group, Ntegrator InternationalTHE following companies saw new developments that may affect trading of their shares on Wednesday: Read more at The Business Times.
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »