Stocks to watch: OUE Healthcare, Healthway Medical, Keppel, ARA H-Trust, AP Strategic
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Vivienne Tay
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THE following companies saw new developments that may affect trading of their securities on Monday (Jul 3):
OUE Healthcare, Healthway Medical : OUE Healthcare has proposed to delist Healthway Medical via a conditional exit offer at S$0.048 per offer share in cash. OUE Healthcare said the exit offer is an opportunity for it to strengthen its regional healthcare ecosystem. On Friday, OUE Healthcare shares closed 3.7 per cent or S$0.001 lower at S$0.026, while Healthway Medical shares closed flat at S$0.033.
Keppel : A claimant has filed an appeal against an earlier South Jakarta District Court ruling that his 1.72 trillion rupiah (S$154.9 million) lawsuit against the group’s wholly-owned subsidiary was inadmissible. Shares of Keppel closed 0.6 per cent or S$0.04 higher at S$6.71 on Friday, before the announcement.
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