oue lippo healthcare

OUE Healthcare unit signs alliance agreement with Shanghai hospital

Under the accord, the two hospitals will have a ‘two-way green channel access’ for patients

OUE Healthcare's chief executive and executive director Yet Kum Meng is bullish on the healthcare industry’s outlook, given the sector’s lower susceptibility to economic cycles and the non-discretionary nature of healthcare expenses.
TOPLINE

As demand grows, OUE Healthcare looks to beef up regional offerings

The Catalist-listed healthcare group also sees opportunity in China’s premium private healthcare market

OUE Healthcare's hospital in Changshu, China. The group expects to receive net cash proceeds of approximately RM120.3 million from the sale of its Kuala Lumpur plot, which will be used for working capital purposes.

OUE Healthcare proposes sale of mixed commercial site for RM125 million

The plot is approximately 4,724 sq m, and is a non-core legacy asset of the company and currently not in use

The company says it expects the stronger results due to net fair-value gains relating to its investment properties.

OUE Healthcare expects higher H2, FY23 profit on fair-value gains

CATALIST-LISTED OUE Healthcare is expecting a higher year-on-year profit after tax for the second half and full year ended Dec 31, 2023, based on a preliminary assessment of its financial results.

Healthway Medical says it will update shareholders on its delisting application outcome in due course.

Healthway Medical loses free float; pending application to delist

THE total number of issued shares of Healthway Medical held in public hands is less than the 10 per cent free float requirement, said the company on Thursday (Oct 12).

Subject to approval by the Singapore Exchange, Healthway Medical will be delisted from the Catalist board on or after the close of the exit offer.

OUE Healthcare’s exit offer for Healthway Medical turns unconditional in all respects

OUE HEALTHCARE’S exit offer for Healthway Medical has been declared unconditional in all respects.

No dividend was declared by OUE Healthcare’s board after the consideration of the group’s financial cash flow requirements. 

OUE Healthcare H1 earnings down 79% to S$1.8 million despite higher revenue 

OUE Healthcare on Friday (Aug 4) posted earnings of S$1.8 million for the first half of the year ended June, down 79 per cent from its earnings of S$8.4 million in the corresponding year-ago period. 

OUE Healthcare has launched its new hospital in Changshu. This is a joint venture with China Merchant Group.

Hot stock: OUE Healthcare up 19.2% on heavy trading after hospital commissioning

SHARES of OUE Healthcare, previously known as OUE Lippo Healthcare, hit an 11-month high on Tuesday (May 16) amid heavy trading following news of its new hospital commissioning in Changshu in eastern ...

The red ink came despite OUE Lippo Healthcare’s topline rising to S$77.2 million from S$10 million.

OUE Lippo Healthcare’s losses widen to S$4 million in H2 despite higher revenue

OUE LIPPO Healthcare on Monday (Feb 27) reported a net loss of S$4 million for the second half of 2022, widening the loss of S$2.5 million incurred in the comparable period in 2021. 

OUELH's net profit of S$113.8 million from the same period the year before was boosted by a one-off S$110 million gain from a shareholder loan conversion.

OUE Lippo Healthcare reports higher revenue, lower profits due to exceptional items

CATALIST-LISTED OUE Lippo Healthcare (OUELH) on Friday (Aug 5) posted a 93 per cent drop in net profit to S$8.4 million for its half year ended Jun 30, 2022, from S$113.8 million a year earlier. Its r...