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With clean slate, is OUE Lippo Healthcare on road to recovery?

Published Thu, Feb 25, 2021 · 05:50 AM
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SHAREHOLDERS of OUE Lippo Healthcare (OUELH) appeared to welcome the news of the company's recapitalisation exercise. The counter added S$0.002 or 5.41 per cent to close at S$0.039 on Wednesday.

Shares of OUE, on the other hand, dipped S$0.02 or 1.79 per cent to end at S$1.10.

OUELH is converting shareholder loans from OUE to convertible perpetual bonds.

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