SG Dealbook: NSG to raise $17.5m; Raffles divests Taiwan arm; OUE debt offer

2 Dec 2016 - DealStreetAsia
New Silkroutes Group Limited is raising S$25 million through a share placement while Raffles United Holdings will be disposing of its 60 per cent stake in a Taiwan subsidiary. Meanwhile, OUE has launched a $3 billion debt programme. In its largest fundraising exercises in recent years, New Silkroutes ...
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OUE to circulate notes under a $3b multicurrency debt programme

1 Dec 2016 - Singapore Business Review
HSBC and OCBC are appointed as arrangers and dealers. Real estate owner, developer and operator OUE Limited is on the lookout for possible investors as it sets up a $3b multicurrency debt issuance program under its treasury arm, which will be the issuer of notes and securities. The group appointed HSBC ...
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OUE profits surged sevenfold to $107.6m in 3Q

3 Nov 2016 - Singapore Business Review
Profits nearly doubled in the first nine months to $141.6m. Property developer OUE reported attributable profit of S$107.6 million for the third quarter ended 30 September 2016, up from S$15.0 million in the previous corresponding quarter. This was achieved on the back of an increase in revenue by more ...
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OUE: Attributable Profit Surges To S$107.6 Million In 3Q 2016.

2 Nov 2016 - ShareInvestor Express
Positive contributions recorded across the Group's businesses and operations. Contributing to the gain was the divestment of Crowne Plaza Changi Airport Extension to OUE Hospitality REIT in August 2016...
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United Engineers will be sold sooner than you think

31 Oct 2016 - Singapore Business Review
OUE, Straits Trading and Charoen are just amongst the potential buyers. United Engineers (UE) is gearing up for sale and the sale is an eventuality rather than a possibility said UOBKayHian. The research house cited four main reasons to support its view. First, UOBKayHian said that major shareholders ...
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OUE: Completes Acquisition Of Nassim Land Parcels.

18 Oct 2016 - ShareInvestor Express
OUE Limited's indirect wholly-owned subsidiary, OUE Reef Development Pte Ltd, successfully completed its acquisition of the two land parcels located at 28 Nassim Road Singapore...
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Daily Briefing: Singapore economy suffers slowest pace of growth since 2009; OUE inks agreement to manage Oakwood Premier

18 Oct 2016 - Singapore Business Review
And here's why Singaporean investors are considered conservative. On an annual basis, Singapore's economic growth came at an anaemic 0.6%, its slowest pace since 2009. This came after a 17.4% slump in manufacturing, which makes up about a fifth of the economy. Read more of the story here. Singapore-listed ...
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OUE inked a deal with Oakwood for new serviced residences in Singapore

11 Oct 2016 - Singapore Business Review
It is slated to open next year at OUE Downtown. SGX Mainboard-listed integrated property developer OUE signed a management agreement with Oakwood Asia Pacific Ltd (Oakwood). The management agreement will see global serviced residences operator Oakwood running the new serviced residences at the upcoming ...
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OUE signs manager of upcoming serviced residences in Singapore

7 Oct 2016 - Business Times Breaking News
PROPERTY developer OUE Limited on Friday said Oakwood Asia Pacific will manage the new serviced residences at OUE Downtown to open by mid-2017. OUE Downtown will be located between Raffles Place and Tanjong Pagar. It will have a retail mall and office space, in addition to serviced residences.
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OUE: Signs Partnership With Oakwood Asia Pacific For New Serviced Residences At OUE Downtown.

7 Oct 2016 - ShareInvestor Express
OUE Limited signed a management agreement with Oakwood Asia Pacific Ltd, for Oakwood to manage the new Oakwood Premier OUE Singapore at OUE Downtown, strategically located at the heart of the city's vibrant commercial district. The management agreement will see Oakwood, which operates an award-winning ...
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