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OUE launches takeover offer for IHC

Friday, February 17, 2017 - 05:50

Angeleca Lim and her husband Koh Wee Seng seen leaving IHC office with documents after the EGM.


INDONESIA'S Riady family is on a shopping spree of sorts.

Their mainboard-listed property group OUE on Thursday launched a surprise takeover offer for International Healthway Corporation (IHC), valuing the Catalist-listed nursing home owner at about S$175.9 million.

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