Thursday, January 13, 2011

OUE Ltd - Overseas Union Enterprise rated 'buy' by UOB Kay Hian

Stock Name: OUE Ltd
Company Name: OVERSEAS UNION ENTERPRISE LTD
Research House: UOB KayHian

UOB Kay Hian in a Jan 10 research report says: "OUE is the sixth-largest listed property developer in Singapore, deriving nearly 60% of its value from the office segment. OUE did a 5-for-1 stock split, increased its public float from 11.5% to 33% via two private placements, and adopted a dividend policy of distributing 50% of its core earnings last year.


Read more...

No comments:

Post a Comment