OUE Limited has guided that it expects to record a loss after tax for the FY2020 compared to profit after tax (PAT) of $321.8 million in FY2019 ended December.

The loss is mainly due to the overall net fair value losses on investment properties of some $435.4 million.

SEE: OUE C-REIT kept on 'hold' as hospitality sector outlook remains challenging

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