oue limited
OUE raises stake in OUE Healthcare to 89.7% with S$20.7 million share purchase
OUE says the transaction is in line with its commitment to the longer-term prospects of OUE Healthcare’s core business
OUE back in the black with H1 net profit of S$35.6 million
But revenue declines 6.9% to S$292.8 million, from S$314.5 million the year before
OUE partners Tokyo Century to develop new hotel at Changi Airport’s T2
It paves the way for the two to pursue future real estate opportunities, says deputy CEO of OUE
OUE unit to issue S$50 million in fixed-rate green notes due 2029 at 4%
Issuance will be consolidated with property player’s existing S$150 million in green notes, which were issued on Oct 8, to form a single series
OUE Healthcare unit signs alliance agreement with Shanghai hospital
Under the accord, the two hospitals will have a ‘two-way green channel access’ for patients
OUE to issue S$150 million of green notes at fixed interest rate of 4%
The notes, which will pay interest semi-annually, are expected to be issued on Oct 8
As demand grows, OUE Healthcare looks to beef up regional offerings
The Catalist-listed healthcare group also sees opportunity in China’s premium private healthcare market
OUE sinks into the red with S$96.1 million H1 loss
Revenue for the period is up 3.3% at S$314.5 million
OUE braces for H1 loss on property market slowdown, economic uncertainty in China
Group expects red ink of S$92 million to S$106 million from investee firm it owns 25.2% of
OUE’s buyback plan may not permanently lift investor appetite for its depressed shares
The corporate exercise is likely to boost the company’s NAV per share and may leave it with a narrower public float
