OUE to shop for assets in US, Indonesia

Limited opportunities in Singapore, says management.

According to Phillip Securities Research, OUE management will consider looking out of Singapore for attractive investments for medium term as there are limited opportunities in Singapore.

Management indicated interest in US, Indonesia assets for OUE and Japan assets as possible assets for OUE H Trust.

The management will tap on Lippo Group and its associated companies’ resources for distressed assets without completing head-on to reap greater returns.

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