SG Digest: OUE sells Nuvest stake for $1m; PTE ups stake in Thakral Corp

SG Digest: OUE sells Nuvest stake for $1m; PTE ups stake in Thakral Corp

Singapore. Photo by cegoh/pixabay

Singapore-listed property developer OUE Limited has sold its entire 33 per cent stake in GIC-backed Nuvest Capital Pte Ltd for $1 million, while a Thakral family-owned unit has received shareholder nod to raise its holding in Thakral Corp to 50.20 per cent.

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