OUE

OUE: some emails circulating with snapshot of OUE's independent valuation of Mandarin Orchard Hotel. The stock is +3.2% today at $2.57, pulling back from the earlier high of $2.61. The share price moves could be reflecting StanChart's hypothesis that OUE is close to selling the Mandarin Orchard asset, which could pave the way for the co to report a significant divestment gain and pay a special div.