Healthway Medical Corporation (HMC)

Minimum acceptance condition for Healthway Medical offer met - THE EDGE SINGAPORE

Offer

Minimum acceptance condition for Healthway Medical offer met

The exit offer for Healthway Medical Corporation has been declared unconditional after shareholders holding 50.47% of the shares i
Healthway Medical shares 39.4% after OUE Healthcare’s exit offer of 4.8 cents - THE EDGE SINGAPORE

Offer

Healthway Medical shares up 39.4% after OUE Healthcare’s exit offer of 4.8 cents

Should the offer go through, HMC will be delisted from SGX’s Catalist board.
Healthway Medical Corporation and OUE Lippo Healthcare to terminate sub-lease agreement at OUE Downtown 2 early - THE EDGE SINGAPORE

Property

Healthway Medical Corporation and OUE Lippo Healthcare to terminate sub-lease agreement at OUE Downtown 2 early

The agreement, which was supposed to end in July 2023, will end on Dec 31 instead.

Results

Healthway Medical swings back into the black in 1Q

SINGAPORE (May 10): Healthway Medical Corporation swung back into the black in 1Q18, recording earnings of $0.12 million, compared to a loss of $0.50 million in 1Q17 and a loss of $28.8 million in 4Q17.

Healthway Medical to form alliance with Chinese healthcare provider UMP

SINGAPORE (Apr 25): SGX-listed Healthway Medical Corporation (HMC) has signed a non-binding memorandum of understanding with Hong Kong-listed UMP Healthcare Holdings to develop the Care Alliance Network.

Tan Chuan-Jin appointed chairman of Healthway's new medical advisory board

SINGAPORE (Apr 5): Healthway Medical Corporation (HMC) announced that it has appointed Tan Chuan-Jin as the chairman of its newly-formed Medical Advisory Board.

Results

Healthway Medical narrows 4Q losses by 35.6% to $28.8 mil

SINGAPORE (Feb 23): Healthway Medical Corporation (HMC) announced that it has narrowed its 4Q17 losses by 35.6% to $28.8 million compared to $44.8 million in 4Q16.

Healthway Medical to lease OUE Downtown 2 units from OUE subsidiary

SINGAPORE (Dec 1): Healthway Medical Corporation (HMC) has signed a master lease agreement with Alkas Realty, a wholly-owned subsidiary of OUE Limited, to lease units #10-09 and #10-09A of OUE Downtown 2 at Shenton Way for office use.

Healthway Medical shareholders vote in favour of both resolutions

SINGAPORE (April 21): Shareholders of Healthway Medical Corporation showed strong support for the two resolutions tabled at the Extraordinary General Meeting today.

Update

It's D-Day for Healthway Medical. Here's a recap

SINGAPORE (April 21): Shareholders of Healthway Medical Corporation will vote on two resolutions in an extraordinary general meeting today.
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