263 Followers SGX:LJ3 - OUE Ltd OUE
Sector: Real Estate, Industry: Diversified Real Estate Activities
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OUE Q3 profits crashed 80.7% to $2.07m

13 Nov 2018 - Singapore Business Review
It blamed non-cash marked-to-market fair value loss of investments. OUE’s profits for the third quarter of 2018 suffered an 80.7% crash to $2.07m from $10.74m in the same period in 2017. Revenue was barely up by 0.8% to $183.32m from $181.94m. According to its financial statement, profits fell to due ...
sgx:lj3

OUE buys Jakarta CBD land plots for $150m

26 Sep 2018 - Singapore Business Review
Their total area is about 8,000 sq m. OUE acquired plots of land in Jakarta from Indonesian firm Asiatower Sudirman for $150m (IDR1.6b), an announcement revealed. The conditional land sale and purchase agreement (SPA) for the land plots with total area of approximately 8,000 sq m was done through the ...
sgx:lj3

OUE C-REIT to buy OUE Downtown offices for $908m

11 Sep 2018 - Singapore Business Review
They will issue 1.29 billion units to partially fund the acquisition. OUE Commercial Real Estate Investment Trust (OUE C-REIT) will acquire the office component of OUE Downtown for $908m from OUE subsidiary Alkas, an announcement revealed. To partially fund the deal, OUE C-REIT will issue 1.29 billion ...
sgx:ts0u sgx:lj3

OUE's exposure to mutual fund screwed Q1 profits

15 May 2018 - Singapore Business Review
The company, which lost $8.13m from the fund, said it is subject to market volatility. The first quarter of 2018 was ugly for OUE as its profits were cut by 90.7% in a year from $11.06m to $1.03m. It had blamed a non-cash fair value loss on its investment in a mutual fund. According to its financial ...
sgx:lj3

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