OUE H-Trust

[butcher]

OUE HT closed at 66.5 cents. Lower than its theoritical ex rights price of 71 cents. Value appearing ya

[Dosser]

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.

[Shiyi]

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.

[specuvestor]

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