stephen riady

Singapore Reit IPOs raise a combined $863 million

SPH Reit attracts the most demand of the two and prices at the top of the range to raise $393 million, while OUE Hospitality is expected to price at the bottom for a total deal size of $470 million.

July 17, 2013

Thailand's Charoen poised to win control of Fraser & Neave

Charoen Sirivadhanabhakdi's TCC Assets increases its stake in Singapore conglomerate Fraser & Neave to 44% as rival bidder OUE withdraws from the fight.

January 24, 2013

OUE chairman returns with another sell-down

Coming three months after the last sale, the upsized placement raises $257 million and improves the free-float to 33%.

October 06, 2010

OUE sell-down reduced by 40%, CB on hold

The controlling shareholder of Singapore-based developer Overseas Union Enterprise sells $148 million worth of shares in a deal that will almost double the free-float to 20.7%.

June 16, 2010