THE son of Indonesian tycoon Stephen Riady will be promoted to deputy chief executive of the family-controlled property and hospitality group OUE from Jan 1 next year.

OUE's wholly-owned subsidiary, OUE Treasury, has entered into a loan agreement to advance PT Maxx Coffee Prima S$10 million for a six-month period.

COMMENTARY

AMID the ongoing trade uncertainty playing out between the US and China, there remains a strong weight of global capital seeking opportunities in safe haven destinations.

PROPERTY developer OUE has inked agreements to sell Oakwood Premier OUE Singapore, its luxury serviced residences and hotel business in Shenton Way, for S$289 million.

THE following companies saw new developments that may affect trading of their shares on Thursday:

PROPERTY developer OUE's executive chairman and controlling shareholder Stephen Riady is buying a good class bungalow at Nassim Road from an OUE subsidiary for S$95 million, OUE announced in a...

PROPERTY developer OUE's executive chairman and controlling shareholder Stephen Riady is buying a Good Class Bungalow (GCB) at Nassim Road from an OUE subsidiary for S$95 million, OUE announced in...

OUE Commercial Reit (OUE C-Reit) on Wednesday posted second-quarter distribution per unit (DPU) of 0.78 Singapore cent, up 34.5 per cent from a restated DPU of 0.58 cent in the same period a year...

OUE Commercial Reit on Wednesday posted a second-quarter distribution per unit (DPU) of 0.78 Singapore cent, up 34.5 per cent from a restated DPU of 0.58 cent in the same period a year earlier....

THE independent financial advisers (IFAs) of OUE Commercial Reit (C-Reit) and OUE Hospitality Trust (H-Trust) have advised the directors of both trusts to recommend unitholders “vote in favour” of...