OUE C-Reit and OUE H-Trust Merger Approved

News about OUE Commercial REIT

Unitholders of both OUE C-Reit and OUE H-Trust have approved the merger of their trust.

Under the proposed scheme, OUE C-Reit will acquire OUE H-Trust by paying the latter's holders, for every H-Trust stapled security held, 4.075 Singapore cents in cash plus 1.3583 new OUE C-Reit units.

OUE Commercial REIT
Price0.265 SGD
NAV0.600 SGD
Yield (4 quarters)7.89%