262 Followers SGX:LJ3 - OUE Ltd OUE
Sector: Real Estate, Industry: Diversified Real Estate Activities
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Debt danger lurks in Covid-19 shadow

29 May 2020 - The Edge Markets
More companies in danger of default given higher leverage, weaker balance sheets and greater risk of liquidity crunch amid the pandemic Have a premium account? Sign in to continue reading. Unlimited access to all stories from $4.99/month* The latest reporting and analysis from business and investments ...
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MinLaw's proposed bill on rental relief could hurt S-REITs' cash flow

28 May 2020 - Singapore Business Review
The bill has yet to clarify whether the start date is in March or April. S-REITs may likely see its cash flow deteriorate in the near term as the Ministry of Law’s (MinLaw) upcoming new bill requires landlords to share equally the burden of rental reliefs to qualifying SME tenants, according to an analyst ...
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Singapore shares rise on upbeat exports data; STI up 0.2% at open

18 May 2020 - The Business Times
SINGAPORE stocks started the week on stronger ground, after Enterprise Singapore data showed that non-oil domestic exports (NODX) rose for a third straight month in April, exceeding analysts' expectations. NODX increased 9.7 per cent last month from a year earlier backed by a 12.8 per cent surge in non-electronics ...
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Stocks to watch: UOB, Sembcorp, OUE, Singapore Airlines, NetLink

18 May 2020 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Monday: United Overseas Bank (UOB): UOB saw a 406 per cent increase in the online purchase of its investment products in the first quarter versus a year ago, with the strongest demand lying in gold and unit trust ...
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OUE's net profit skyrockets to $87.1m in Q1

18 May 2020 - Singapore Business Review
But more than half of its revenue is at risk due to ongoing disruptions. OUE Limited’s profit attributable to owners of the company (PATNCI) expanded to $87.1m in Q1 from only $1m last year on the back of foreign currency translation gains as well as higher marked-to-market fair value gains on investments, ...
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Stocks to watch: UOB, Great Eastern, Singtel, OUE C-Reit, Koufu, Banyan Tree, HC Surgical

6 May 2020 - The Business Times
THE following companies saw new developments that may affect trading of their shares on Wednesday: United Overseas Bank (UOB): The lender on Wednesday posted a smaller-than-expected 19 per cent drop in first-quarter net profit to S$855 million for the three months to March 31, from S$1.05 billion a year ...
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OUE C-REIT's NPI up 42.5% to $62.08m in Q1

6 May 2020 - Singapore Business Review
Mandarin Gallery, Mandarin Orchard Singapore and Crowne Plaza Changi Airport boosted NPI. OUE Commercial REIT (OUE C-REIT) saw its net property income (NPI) surge 42.5% YoY to $62.08m in Q1 from $43.57 in 2019, a local bourse filing revealed. Revenue jumped 40.5% YoY to $77.73m from $55.34m over the ...
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