Brief: Oue Ltd Announces Proposed Disposal Of Office Components Of Oue Downtown

OUE Real Estate Investment Trust

10/09/2018 21:30

Sept 11 (Reuters) - OUE Ltd  OVES.SI :
    * ANNOUNCES PROPOSED DISPOSAL OF OFFICE COMPONENTS OF OUE
DOWNTOWN
    * DEAL FOR  S$908.0 MILLION
    * PROPOSED TRANSACTION IS NOT EXPECTED TO HAVE ANY MATERIAL
IMPACT
ON EARNINGS PER SHARE OF CO FOR FY 2018
    * ALKAS REALTY ENTERED INTO A PUT AND CALL OPTION AGREEMENT
WITH
DBS TRUSTEE FOR DISPOSAL OF OFFICE COMPONENTS

Source text for Eikon:  urn:newsml:reuters.com:*:nSN4htMBS
Further company coverage:  OVES.SI 

 ((Reuters.Briefs@thomsonreuters.com;))