OUE

OUE: Confirms that it is in preliminary discussions with banks (including Credit Suisse, Goldman Sachs and StanChart) over the establishment of a Reit to be listed on SGX. However, the group cautions that the properties to be injected in the Reit, the pipeline assets, the size and timeframe of the offering are all under review and have not been decided. The trading halt on the stock will be lifted at 1300 hours.