News: OUE Ltd (OVES.SI)
Thu, Oct 17 2013
SINGAPORE, Oct 17 - OUE Commercial Trust, a property trust controlled by Singapore-listed developer and hotelier OUE Ltd, will buy an office and shopping complex in Shanghai ahead of a listing that is likely to take place early next year, according to regulatory filings.
HONG KONG, July 18 - Overseas Union Enterprise will raise about S$600.2 million ($476 million) after pricing the initial public offering of its hospitality trust at the bottom of its indicative price range, two sources with knowledge of the matter said.
SINGAPORE, July 17 - Singapore's IPO market got a boost after a property trust from Singapore Press Holdings Ltd priced at the top end of its indicative range on Wednesday, underscoring strong appetite for REITs from yield-hungry investors.
SINGAPORE, July 10 - Singapore-listed Overseas Union Enterprise will raise about $480 million by listing a hospitality real estate investment in Singapore, according to a prospectus for the deal.