05-04-2016, 10:55 PM
08-04-2019, 02:31 PM
Both OUE-H Trust and OUE-COM Reit trading halted today, due to proposal to 'merge'. In effect, the C-Reit is proposing to buy out the H-Trust stapled stapled security holders for cash (minor) and (mostly) new C-Reit units.
https://links.sgx.com/FileOpen/OUEHT_Joi...eID=550718
Based on last traded prices, I calculate this would value each stapled security at 74.7c, slightly higher than last traded of 73.5c. Significant increase in NAV, as C-Reit was trading at a large discount to NAV whereas H-Trust was at only a small discount to NAV.
So some pluses, but I chose to invest in the H-Trust; suddenly i am faced with a large part of my investment changing to effectively being based on the C-Reit, which i had not chosen. Am thinking whether I want to continue with this investment when trading resumes.
https://links.sgx.com/FileOpen/OUEHT_Joi...eID=550718
Based on last traded prices, I calculate this would value each stapled security at 74.7c, slightly higher than last traded of 73.5c. Significant increase in NAV, as C-Reit was trading at a large discount to NAV whereas H-Trust was at only a small discount to NAV.
So some pluses, but I chose to invest in the H-Trust; suddenly i am faced with a large part of my investment changing to effectively being based on the C-Reit, which i had not chosen. Am thinking whether I want to continue with this investment when trading resumes.
08-04-2019, 04:50 PM
OUE group and its Indonesian companies have been shuffling assets lately.
This is yet part of the exercise.
Looks like the gearing of OUE C-Reit will rise significantly as the share swop involves cash payment to H-Reit holders.
Watch out of another rights issue from C-Reit.
This is yet part of the exercise.
Looks like the gearing of OUE C-Reit will rise significantly as the share swop involves cash payment to H-Reit holders.
Watch out of another rights issue from C-Reit.
08-04-2019, 05:53 PM
(08-04-2019, 04:50 PM)Shiyi Wrote: [ -> ]OUE group and its Indonesian companies have been shuffling assets lately.
This is yet part of the exercise.
Looks like the gearing of OUE C-Reit will rise significantly as the share swop involves cash payment to H-Reit holders.
Watch out of another rights issue from C-Reit.
yes Lippo Karawaci is the source