by: Tam Ging Wien
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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.
Source: OUE Commercial REIT and OUE Hospitality Trust Joint Announcement
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