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OUE launches mandatory unconditional cash offer for International Healthway Corp at 10.6 cents per share

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OUE launches mandatory unconditional cash offer for International Healthway Corp at 10.6 cents per share

PC Lee Published on Thu, Feb 16, 2017 / 7:20 PM GMT+8

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SINGAPORE (Feb 16): OUE, the property and hotel group controlled by Indonesia's Riady family, is launching a mandatory unconditional cash offer for International Healthway Corporation (IHC).

Catalist-listed IHC is an integrated healthcare services and facilities provider that owns 12 nursing homes in Japan and two hospitals in China, and is developing an integrated medical centre in Malaysia.

OUE intends to maintain the listing status of IHC.

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