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OUE (formerly: Overseas Union Enterprise)
06-12-2012, 10:24 PM,
Post: #21
RE: Overseas Union Enterprise
Hmm.. no new offer, just extend the date. That begs the question, why when you put nothing new on the table?


http://www.businesstimes.com.sg/breaking...r-20121206

A consortium led by Overseas Union Enterprise (OUE) has despatched the official document for its S$9.08 per share general offer for majority control of Fraser & Neave (F&N), giving shareholders until Jan 3 to accept.
The OUE offer price is before any dividends, meaning that OUE will deduct from accepting shareholders any payouts that have been received before completion. F&N is currently proposing a 12 cents per share final dividend.
F&N shares closed at S$9.39 on Thursday, a 3 per cent premium to the offer price.
The OUE offer is conditional upon the consortium gaining majority control of F&N. The consortium, which comprises OUE and fund managers Farallon Capital Management and Noonday Global Management, does not currently hold any F&N shares, although they have secured an undertaking by F&N's 15 per cent shareholder, Kirin Holdings, to accept their offer.
You can count on the greed of man for the next recession to happen.

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06-12-2012, 11:46 PM,
Post: #22
RE: Overseas Union Enterprise
These people are playing delay tactics, and making the F&N shareholders anxious!
(06-12-2012, 10:24 PM)LionFlyer Wrote: Hmm.. no new offer, just extend the date. That begs the question, why when you put nothing new on the table?


http://www.businesstimes.com.sg/breaking...r-20121206

A consortium led by Overseas Union Enterprise (OUE) has despatched the official document for its S$9.08 per share general offer for majority control of Fraser & Neave (F&N), giving shareholders until Jan 3 to accept.
The OUE offer price is before any dividends, meaning that OUE will deduct from accepting shareholders any payouts that have been received before completion. F&N is currently proposing a 12 cents per share final dividend.
F&N shares closed at S$9.39 on Thursday, a 3 per cent premium to the offer price.
The OUE offer is conditional upon the consortium gaining majority control of F&N. The consortium, which comprises OUE and fund managers Farallon Capital Management and Noonday Global Management, does not currently hold any F&N shares, although they have secured an undertaking by F&N's 15 per cent shareholder, Kirin Holdings, to accept their offer.

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07-12-2012, 10:20 AM,
Post: #23
RE: Overseas Union Enterprise
(06-12-2012, 10:24 PM)LionFlyer Wrote: Hmm.. no new offer, just extend the date. That begs the question, why when you put nothing new on the table?


http://www.businesstimes.com.sg/breaking...r-20121206

A consortium led by Overseas Union Enterprise (OUE) has despatched the official document for its S$9.08 per share general offer for majority control of Fraser & Neave (F&N), giving shareholders until Jan 3 to accept.
The OUE offer price is before any dividends, meaning that OUE will deduct from accepting shareholders any payouts that have been received before completion. F&N is currently proposing a 12 cents per share final dividend.
F&N shares closed at S$9.39 on Thursday, a 3 per cent premium to the offer price.
The OUE offer is conditional upon the consortium gaining majority control of F&N. The consortium, which comprises OUE and fund managers Farallon Capital Management and Noonday Global Management, does not currently hold any F&N shares, although they have secured an undertaking by F&N's 15 per cent shareholder, Kirin Holdings, to accept their offer.

The announcement of dispatching the offer doc is just a formal procedure for GO, formalizing of previous announcement. The closing date is their 1st closing date, instead of extension.

I will be surprise if it offers a different price during dispatching of offer documents.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡

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09-01-2013, 11:41 PM,
Post: #24
RE: Overseas Union Enterprise
Why still no news on sale of Mandarin Orchard and Gallery? The news was first announced in Sep 2012.

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10-01-2013, 06:52 AM,
Post: #25
RE: Overseas Union Enterprise
Louhan - suspect the sale has fallen thru.

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19-01-2013, 11:45 PM,
Post: #26
RE: Overseas Union Enterprise
TCC revised their offer price for F&N to $9.55. Is OUE going to revise their offer price too? Have to wait and see the price war!
(10-01-2013, 06:52 AM)newyorkcityboy Wrote: Louhan - suspect the sale has fallen thru.

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30-01-2013, 02:12 AM,
Post: #27
RE: Overseas Union Enterprise
After OUE gave up on bidding for F&N, its share price has moved up to $3. Wondering if anything is brewing...

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26-02-2013, 12:02 AM,
Post: #28
RE: Overseas Union Enterprise
OUE has just announced its financial year results. It's declaring a total final dividend of 8 cents.

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11-03-2013, 07:32 PM,
Post: #29
RE: Overseas Union Enterprise
http://info.sgx.com/webcoranncatth.nsf/V...penelement

Buying a 24 yr old half occupied bldg in California (make no mistakes - not in Manhattan) and still boast about it?

OUE appears to a bargain hunter. However, property is about location, location and still location.

Metro has done it before buying into a Tokyo bldg that has since saw occupancy decline to half empty as well. OUE?

I think Dr Lien also no eyes to see.

After my experience with Auric that has witnessed countless shareholders wealth destruction, apart from odd lots and annual report and AGMs to collect door gift, I really don't want to park my hard earned cash with Riady.

Vested with share cert

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12-03-2013, 12:41 AM,
Post: #30
RE: Overseas Union Enterprise
http://news.yahoo.com/u-bank-tower-talle...2U-;_ylv=3 [Article]

Looks like a 'forced' bail out !

(Not Vested)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.

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