OUE shares jump amidst investor confusion

This follows news that Golden Concord Asia will be acquiring Credit Suisse's remaining OUE shares.

A Reuters report said, “OUE jumped as much as 9.3 percent after the unit of controlling shareholder Lippo Group, Golden Concord Asia, unwound a financing transaction involving OUE shares. The deal may have caused confusion among investors, the company said.”

Traded OUE shares have already surpassed twice the average daily volume in the last 30 days.

View the report here.

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