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BRIEF-OUE Ltd To Dispose All Interests In Aquamarina Hotel And Marina Centre Holdings Private Ltd

Reuters SG

April 12 (Reuters) - OUE Ltd:

* CO TO DISPOSE ALL INTERESTS IN AQUAMARINA HOTEL PRIVATE LTD AND MARINA CENTRE HOLDINGS PRIVATE LTD

* AGGREGATE CONSIDERATION FOR THE AQUAMARINA SALE SHARES AND MARINA CENTRE SALE SHARES IS S$190 MILLION & S$200 MILLION IN CASH RESPECTIVELY

* GROUP EXPECTS TO RECORD AN INCREASE IN EARNINGS PER SHARE OF ABOUT S$0.15 FOR FY ENDING DEC 31 2019 FOLLOWING COMPLETION OF DISPOSAL Source text for Eikon: Further company coverage: