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OUE Lippo Healthcare
Budget 2019
Winners and losers from Singapore's budget as election looms
SINGAPORE (Feb 19): Singapore Finance Minister Heng Swee Keat boosted health-care and military spending, gave tax rebates to citizens and tightened rules on foreign workers ahead of an election that could come as early as this year.
February 19, 2019
Contracts
OUE Lippo Healthcare JV to manage 3 hospitals in major Chinese cities
SINGAPORE (Dec 31): OUE Lippo Healthcare will manage three medical facilities in Shanghai, Chongqing and Nanjing through to a joint-venture agreement.
December 31, 2018
Broker's Calls
More challenges loom for First REIT after completion of ownership restructuring: OCBC
SINGAPORE (Dec 13): OCBC Investment Research is maintaining its “hold” call on First REIT with a lower fair value of $1.05 from $1.34 previously, after factoring in various risks pertaining to the REIT’s master leases and portfolio balancing.
December 13, 2018
Property
OUE Lippo Healthcare and China Merchants Group to develop, operate Shenzhen hospital
SINGAPORE (Dec 12): OUE Lippo Healthcare has entered into a non-binding letter of intent (LOI) with China Merchants Shekou Industrial Zone Holdings, to jointly develop, operate and manage a high-end international hospital in Shenzhen, China.
December 12, 2018
Indonesia billionaire family reshuffles empire on currency rout
SINGAPORE/JAKARTA (Sept 19): Southeast Asia’s billionaire Riady family is reshuffling its health-care holdings as its core property business grapples with the emerging-market rout.
September 19, 2018
Results
OUE Lippo Healthcare FY17 losses widen to $90.7 mil on lower revenue & higher costs
SINGAPORE (Feb 12): OUE Lippo Healthcare further sunk into the red in FY17 with a loss of $90.7 million, 18% down from its loss of $76.8 million the previous year on lower revenue and higher costs of sales.
February 12, 2018
OUE Lippo Healthcare to appeal Shanghai courts' judgment on Weixin claim
SINGAPORE (Dec 20): OUE Lippo Healthcare, the former International Healthway Corporation (IHC), says the Shanghai courts had rendered a first instance judgment in favour of Weixin Hospital Investment Management (Shanghai) Co. regarding claims to two subsi
December 21, 2017
OUE Lippo Healthcare ordered to repay alleged outstanding loan
SINGAPORE (Nov 23): OUE Lippo Healthcare, formerly known as International Healthway Corporation (IHC), has been ordered to pay RMB6 million ($1.2 million) plus interest for a claim brought against one of its downstream subsidiaries, Wuxi New District Phoe
November 23, 2017
Malaysia
OUE Lippo Healthcare, former IHC, to sell prized KL land
(Nov 20): OUE Lippo Healthcare, formerly known as International Healthway Corp (IHC), is shelving plans to develop a prime parcel of land located in the vicinity of Petronas Twin Towers and Jalan Bukit Bintang in Kuala Lumpur and putting it up for sale, s
November 20, 2017
M&A
OUE Lippo Healthcare ventures into China’s healthcare sector
SINGAPORE (Nov 7): OUE Lippo Healthcare is making a foray into China’s healthcare sector.
November 07, 2017