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With clean slate, is OUE Lippo Healthcare on road to recovery?
Published Wed, Feb 24, 2021 · 09:50 PM
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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