OUE Limited

Contracts

OUE awarded tender for lease and development of new hotel at Changi Airport Terminal 2

The hotel, to be named Hotel Indigo Changi Airport, is expected to be completed and fully operational by 2028.

Company in the news

OUE Group completes $22 mil asset enhancement at Crowne Plaza Changi Airport

The AEI saw the addition of a dozen guest rooms to a total of 575 rooms, a revamped all-day dining area and new MICE spaces.
OUE streamlines business with ‘asset-right’ strategy - THE EDGE SINGAPORE

Billion Dollar Club 2023

OUE streamlines business with ‘asset-right’ strategy

An “asset-right” model is the north star of OUE, as the group manages multiple income streams across real estate and healthcare.
OUE Group announces $22 million AEI at Crowne Plaza Changi Airport, slated to complete by year-end - THE EDGE SINGAPORE

REITs

OUE Group announces $22 million AEI at Crowne Plaza Changi Airport, slated to complete by year-end

Works include the addition of 12 guest rooms and repurposing a former restaurant space into a 352 sq m function room.
Hilton Singapore Orchard reopens 446-room Orchard Wing - THE EDGE SINGAPORE

Tourism

Hilton Singapore Orchard reopens 446-room Orchard Wing

The hotel’s total inventory of 1,080 rooms is now fully operational.
OUE and OUE Lippo Healthcare ink partnership with 3 Singapore medical specialist groups - THE EDGE SINGAPORE

Healthcare

OUE and OUE Lippo Healthcare ink partnership with 3 Singapore medical specialist groups

The partnership will see OUE and OUELH spend about $31 million to buy its 60% stake.
OUE reverses to black as it reports earnings of $50.9 mil for the 2HFY2021 on higher adjusted EBIT - THE EDGE SINGAPORE

Results

OUE reverses to black as it reports earnings of $50.9 mil for the 2HFY2021 on higher adjusted EBIT

The group has declared a final dividend of 1 cent per share, bringing the total dividend in the FY2021 to 2 cents per share.
OUE expects to record loss in FY2020 - THE EDGE SINGAPORE

Results

OUE expects to record loss in FY2020

OUE will release its results on Feb 24.

Results

OUE's 1Q earnings remain at $1 mil mark upon adoption of new reporting standards

SINGAPORE (May 13): OUE Limited has reported a profit attributable to shareholders of $1 million for 1Q19, unchanged from a year ago despite growth in earnings before interest and tax (EBIT).

M&A

United Industrial Corp raises stake in Marina Centre to 77.34% with $675.3 million deal

SINGAPORE (April 13): United Industrial Corporation (UIC), a subsidiary of UOL Group, is acquiring a further 24.27% stake in its 53.07%-owned indirect subsidiary Marina Centre Private Holdings (MCH) for $485.3 million to be paid in cash.
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