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    LJ3   SG2B80958517

OUE LIMITED

(LJ3)
  Report
Delayed Quote. Delayed Singapore Stock Exchange - 12/09 04:04:52 am
1.32 SGD   --.--%
11/09Property Developer OUE Appoints CFO
MT
11/08OUE Limited Appoints Lee Wee Tat as Chief Financial Officer
CI
09/21OUE : Unit Completes $148 Million Bond Issuance
MT
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General Announcement::Appointment of Liquidators for Meritus Hotels & Resorts Sdn. Bhd.

08/16/2021 | 10:13am EST

OUE Limited

Company Registration No. 196400050E

Incorporated in Singapore

APPOINTMENT OF LIQUIDATORS FOR MERITUS HOTELS & RESORTS SDN. BHD.

The Board of Directors of OUE Limited (the "Company", and together with its subsidiaries, the "Group") wishes to announce that Ms Leong Shiak Wan and Ms Zuriati Binti Yaacob of Boardroom Corporate Services Sdn. Bhd. (Company No. 196001000110 (3775-X)) have been appointed as the joint and several liquidators for the members' voluntary liquidation (the "Liquidation") of Meritus Hotels & Resorts Sdn. Bhd., an indirect wholly-owned subsidiary of the Company incorporated in Malaysia, on 16 August 2021.

The Liquidation is not expected to have a material effect on the net tangible assets or earnings per share of the Group for the financial year ending 31 December 2021.

By Order of the Board

OUE LIMITED

Kelvin Chua

Company Secretary

16 August 2021

Disclaimer

OUE Ltd. published this content on 16 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2021 14:12:04 UTC.


ę Publicnow 2021
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Analyst Recommendations on OUE LIMITED
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Financials
Sales 2020 530 M 389 M 389 M
Net income 2020 -343 M -252 M -252 M
Net Debt 2020 2 923 M 2 142 M 2 142 M
P/E ratio 2020 -3,14x
Yield 2020 0,83%
Capitalization 1 152 M 846 M 844 M
EV / Sales 2019 5,18x
EV / Sales 2020 7,51x
Nbr of Employees 961
Free-Float 26,2%
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Consensus
Mean consensus -
Number of Analysts 0
Last Close Price 1,32 
Average target price
Spread / Average Target -
Managers and Directors
Stephen Riady Executive Chairman & Group Chief Executive Officer
Wee Tat Lee Chief Financial Officer
Isaac Chen Chief Operating Officer
Kee Wai Lo Independent Non-Executive Director
Boon Ann Sin Lead Independent Non-Executive Director