50 Collyer Quay
#18-01/02 OUE Bayfront
Singapore, 049321  Singapore
Company Type: Public Limited Company Parent

Overseas Union Enterprise (OUE) develops and manages retail, commercial, and residential properties and operates five-star hotels through its Meritus Hotels and Resorts subsidiary. Meritus operates some seven five-star hotels in Asia that include its flagship Meritus Mandarin Singapore and Shanghai JC Mandarin in China. OUE, which has traditionally been known as a hospitality company, aims to expand its hotel properties as well as diversify its portfolio by owning and managing prime commercial properties such as the Mandarin Gallery -- a shopping mall undergoing a $200 million renovation. Indonesian conglomerate Lippo controls OUE after buying out most of Malaysian tycoon Ananda Krishnan's stake in 2010.

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Financial Statements

Financial data as of December 31, 2018 (12 month period) in USD

Annual Revenue 2019
$678.68 million USD
1 USD = 1.3716 SGD

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Company Snapshot

Essential information for a successful call

  •  EMPLOYEES (All Sites) 1,131
  • ASSETS (MIL USD) 7,827
  •  REVENUE (MIL USD) 678.68
  • Incorporated 1964
  • SALES GROWTH % 44.79%
  • NET INCOME GROWTH 2446.56%

Get in Touch with 2 Principals*

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  • Stephen Riady
    Executive Chairman of the Board
  • Thio Gim Hock
    Chief Executive Officer and Managing Director
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