Profile: OUE Ltd (OVES.SI)
OVES.SI on Stock Exchange of Singapore
5 Dec 2013
5 Dec 2013
Price Change (% chg)
OUE Ltd, formerly Overseas Union Enterprise Limited (OUE), is engaged in hospitality services, property investment and investment holding. OUE is a diversified real estate owner, developer and operator with a portfolio of assets in locations in Singapore, and hotels in Malaysia and the People’s Republic of China. The Company has three segments: hospitality, property investments and property development. Hospitality segment includes operation of hotels and hotel management. Property investments segment include rental income from investment properties owned by OUE. Property development segment includes sale of residential properties. In October 2013, it incorporated OUE Commercial REIT Management Pte. Ltd. On October 16, 2013, it announced that it has acquired OUE Properties (East Asia) Limited and OUE Properties (Hong Kong) Co., Limited. On November 15, 2013, it, through its indirect wholly owned subsidiary, Clovis Singapore Pte. Ltd. acquired Clovis Properties Corp.
#18-01/02 OUE Bayfront, 50 Colly