Stocks to watch: OUE, OUE C-Reit, OUE H-Trust, ASTI Holdings, Mindchamps, RHT Health Trust

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Property field_blurb Read more at The Business Times.

OUE Limited, OUE Commercial Reit, OUE Hospitality Trustproposed merger to be effected through a trust scheme

of arrangement. OUE C-Reit will acquire all issued and paid-up securities in OUE H-Trust. OUE H-Trust stapled securityholders will receive S$0.04075 in cash per stapled security and 1.3583 new OUE C-Reit units per stapled security. This means a stapled securityholder will receive S$40.75 in cash and 1,358 consideration units for every 1,000 stapled securities held. Parent company OUE Group will continue to retain 48.3 per cent of total issued units in the enlarged Reit formed from the merger.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

OUE Commercial Reit, OUE Hospitality Trust in proposed merger by trust schemeProperty field_blurb Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Fortis units in talks to explore possibility of selling stakes in RHT Health Trust, trustee-managerFortis units in talks to explore possibility of selling stakes in RHT Health Trust, trustee-manager.
Source: BusinessTimes - 🏆 15. / 51 Read more »