OUE acquires 4 subsidiary companies
All are involved in investment holdings.
The Board of Directors of Overseas Union Enterprise Limited announced that the company has acquired the paid-up share capital of the following companies incorporated in Singapore: OUE Arirang Holdings, CO Holdings, LOC Holdings, and LOC Korea Investment.
The transactions are not expected to have any material impact on OUE’s consolidated earnings per share or consolidated net tangible assets per share.