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OUE C-Reit to redeem S$155m in convertible units

Annabeth Leow
Published Tue, May 4, 2021 · 05:50 AM

Singapore

OUE Commercial Real Estate Investment Trust (OUE C-Reit) will redeem some S$155 million of convertible perpetual preferred units (CPPUs) on June 1, the manager has said.

It released an irrevocable redemption notice on Monday for the conve…

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