by: Tam Ging Wien
All examples and stocks quoted here in this article and on the ProButterflyTM and REITScreenerTM site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial adviser.
OUE Commercial REIT (OUE C-REIT) and OUE Hospitality Trust (OUE H-Trust) are proposing to merge in a cash and stock deal where OUE C- REIT will acquire OUE H-Trust by paying OUE H-Trust unitholders, $0.04075 in cash plus 1.3583 new OUE C-REIT units. Per 1,000 units of OUE H-Trust, unitholders shall receive $40.75 and 1,358 new OUE C-REIT units.