Wednesday, 9 March 2016

OUE Hospitality Trust - OCBC Investment 2016-03-10: Lower DPU forecasts by 15% to 17%; Maintain HOLD

OUE Hospitality Trust - OCBC Investment 2016-03-10: Lower DPU forecasts by 15% to 17%; Maintain HOLD OUE HOSPITALITY TRUST SK7.SI 

OUE Hospitality Trust: Lower DPU forecasts by 15% to 17%; Maintain HOLD 

  • Rights issue to fund CPEX acquisition 
  • Extension of a prime asset at Changi 
  • Acquisition is DPU-dilutive 
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