OUE in joint venture to acquire controlling stake in Indonesian retailer Matahari

By Michelle Zhu7 days ago

PROPERTY developer OUE on Wednesday morning announced it had established a joint venture (JV) company with Auric Bespoke I - a wholly-owned subsidiary of Auric Capital Holdings - with the intention of acquiring up to a 40 per cent stake in Jakarta-listed PT Matahari Department Store Tbk (Matahari).


Continue read on businesstimes.com.sg