Profile: Overseas Union Enterprise Ltd (OVES.SI)

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. Its other operations include mainly investment holding and investment trading operations. In March 2013, the Company through OUE International Holdings Pte Ltd acquired Beringia properties Corp. On April 17, 2013, the Company incorporated OUE Hospitality REIT Management Pte. Ltd and OUE Hospitality Trust Management Pte. Ltd.