OUE Lippo Healthcare (OUELH)

Prince Bay Hospital is expected to be commissioned in 2024 with more than 200 beds.

Shares in OUE Lippo Healthcare closed flat at 3.4 cents on July 29.

The hospital is expected to be commissioned in 2024 to serve the affluent residents in the Greater Bay Area.

The new CFO is “experienced CFO operating in the Asia region” and brings with him extensive operating experience in Australia.

First REIT's price surge could ready it for acquisitions in Myanmar, China or Japan.

The rest of the departments in the hospital will remain operational, it says.

First REIT says that the proposed rights issue is "critical".

FY2019 revenue, comprising mainly rental income from the 12 nursing homes in Japan as well as revenue from the pharmaceutical distribution business in China, was stable at $19.6 million.

SINGAPORE (Dec 2): OUE Lippo Healthcare (OUELH) announced Monday it has entered into a share subscription agreement to jointly develop, operate and manage a high-end international hospital in Prince Bay, Shenzhen with China Merchants Group for RMB126.3 mi

SINGAPORE (Oct 9): First REIT is supported by tertiary hospitals that provide highly specialised consultative care and handle complex cases.