OUE: No ongoing talks on United Engineers, will announce if buying

5 Oct 2016 - Business Times Breaking News
DEVELOPER OUE has commented on talk of its interest in property play United Engineers (UE), saying there are no ongoing discussions and it will make an announcement should it be buying shares in the firm. "Although the company has been approached in relation to the purchase of shares of United Engineers ...
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OUE denies “ongoing talks” to buy United Engineers stakes

5 Oct 2016 - Singapore Business Review
But it admits being approached for the said matter. Following the news of the planned purchase of stakes in United Engineers Ltd. (UE), OUE Ltd. clarified that there have been no talks or definitive plans to pursue with the purchase just yet. In a statement filed to the Singapore Exchange, OUE admitted ...
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Daily Briefing: Residential sector buoys investment sales; OUE mulls buying United Engineers stake

5 Oct 2016 - Singapore Business Review
And here's how cafe hopping got cheaper in the city-state. The rise in real estate investment sales in Singapore to $4.61 billion in Q3 was due to the robust number posted by the residential sector. The residential sector accounted for the bulk of investment sales in Q3 at $2.07 billion, or 45 percent ...
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Riady family in race for Singapore's United Engineers stake

5 Oct 2016 - DealStreetAsia
OUE Ltd., backed by the billionaire Riady family, plans to pursue a stake in Singapore property and construction firm United Engineers Ltd., a person with knowledge of the matter said. Singapore-listed OUE is interested in bidding for shares held by Oversea-Chinese Banking Corp. and its affiliates, said ...
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Tenders now welcome for three prime freehold residential buildings near Orchard

28 Sep 2016 - Singapore Business Review
Total deal value expected to reach $200M. A group of investment holding companies is offering three properties namely No. 3 Cuscaden Walk, No. 120 Grange Road and No. 8 Hullet Road for sale by public tender. The properties located close to Orchard Road, is expected to fetch a combined prie of $200M. ...
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Here's why analysts are pessimistic about number of unsold luxury homes declining by 10% in 1H

26 Sep 2016 - Singapore Business Review
At least 6 projects engage in a deferred payment scheme. The number of high-end inventory has started to come down in the 1H of 2016 but it does not necessarily reflect a healthy demand, says Jefferies. According to Jefferies, high –end inventory has started to come down by 9.6% to 7,603 units from January ...
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Can OUE provide investors safe haven amid Singapore’s gloomy property market?

22 Sep 2016 - Singapore Business Review
It’s trading 63% discount to book value. It’s time to rethink current share prices for OUE Limited (OUE), as analysts believe OUE is a relatively safe haven despite the headwinds it’s facing in the flagging property market. According to a report by OCBC, the group’s shares offer an alluring risk-reward ...
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This Real Estate Company Has Been Buying Back Its Own Shares Lately

21 Sep 2016 - The Motley Fool Singapore
Every now and then, I like to keep track of companies that have been buying back their own shares. That’s because share buybacks may be a sign that a company’s stock is undervalued. Peter Lynch, the legendary manager of the U.S.-based Fidelity Magellan Fund, included buybacks as one of the criteria in ...
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Chart of the day: Resale property transactions at its best since 2013

20 Sep 2016 - Singapore Business Review
It spiked 30% YoY in August. Amidst the slow developer sales posted in August, recorded resale transactions has been at its best since 2013. According to a report by DBS Research, total property transactions recorded in the last months has been one of the most promising with 1,621 transactions. This ...
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SeaWorld more than halves dividend to 10 cents - Yahoo Finance

19 Sep 2016 - Yahoo Finance

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