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OUE Lippo Healthcare (OUELH)
M&A
OUE Lippo Healthcare snaps up stakes in six Myanmar medical facilities for $26.5 mil
SINGAPORE (Jan 10): OUE Lippo Healthcare (OUELH) is acquiring stakes in three hospitals, one medical centre and two clinics to expand its foothold in Myanmar.
January 10, 2019
M&A
OUE Lippo Healthcare to acquire stakes in First REIT, manager for $142 mil; to be funded via rights issue
SINGAPORE (Sept 18): OUE Lippo Healthcare (OUELH), the healthcare subsidiary of OUE, announced Tuesday it plans to acquire stakes in SGX-listed First Real Estate Investment Trust (First REIT) as well as its manager, Bowsprit Capital Corporation, for a tot
September 18, 2018
Results
OUE Lippo Healthcare reports smaller 1Q net loss of $2.7 mil
SINGAPORE (May 10): OUE Lippo Healthcare reported a 1Q18 net loss of $2.7 million, 75.5% smaller compared to the net loss of $11.2 million a year ago.
May 10, 2018
Results
OUE reports 31.5% fall in FY17 earnings to $99 mil on provisions and absence of one-off gains
SINGAPORE (Feb 23): OUE, the integrated property developer, reported FY17 earnings fell 31.5% to $98.9 million from $144.4 million in FY16, led by lower earnings before interest and tax but partially mitigated by higher fair value gains on investment prop
February 23, 2018
Hot Stock
OUE Lippo Healthcare jumps 19% on deal with Itochu
SINGAPORE (Jan 11): OUE Lippo Healthcare is up 20% or 2 cents to 14 cents after Japanese trading-focused conglomerate Itochu Corp takes a 25% stake by private placement.
January 11, 2018
Japan's Itochu acquires 25.3% stake in OUE Lippo Healthcare for $79 mil
SINGAPORE (Jan 10): Itochu Corporation, one of the largest trading companies in the world, is all set to become a strategic investor in OUE Lippo Healthcare through the private placement of $78.8 million worth of shares.
January 10, 2018