The Business Times
business-time-50

OUE launches takeover of International Healthway Corp

Published Thu, Feb 16, 2017 · 12:36 PM

    PROPERTY group OUE has launched a takeover offer for International Healthway Corporation (IHC) at 10.6 Singapore cents per share, the two companies said in separate Singapore Exchange filings on Thursday.

    That came after OUE agreed on Thursday to buy another 35.77 per cent stake in IHC from four sellers: Ching Chiat Kwong, Low See Ching, Low Bee Lan Audrey and Tee Wee Sien.

    That acquisition would bring OUE's stake in IHC up to 57.6 per cent, OUE said.

    oue limited

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Construction of a 2 GW converter platform for the Netherlands’ national grid operator Tennet at Seatrium’s yard in Admiralty, Singapore.

    World’s largest offshore wind platform by Seatrium consortium on track to be completed by 2028

    Stanley Gibbons will hold its inaugural philatelic live auction, The Orchard Road Collection of Malaya Revenues, on Oct 29.

    Is stamp collecting enjoying an analogue revival or are its best days over?

    The 38 officers leaving GovTech were primarily in roles structured around traditional project delivery.

    GovTech retrenches another 38 staff in second round of layoffs

    MBS’ net revenue is down 9.9% year on year at US$1.29 billion.

    MBS adjusted property Ebitda falls 20.6% in Q3 with fewer high-roller visits, weaker hold

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More