OUE Healthcare extends closing date for exit offer of Healthway Medical Corp
OUE Healthcare extends closing date for Healthway Medical Corp's exit offer, no change in offer price
OCBC Bank announced, on behalf of OUEH Investments which is a unit of OUE LJ3 Healthcare, that the exit offer for Healthway Medical Corp 5ng
will be extended to 5.30pm on Oct 26 from Oct 12.
According to the announcement, OUE Healthcare does not intend to extend the exit offer beyond the final closing date. The exit offer price of $0.048 is final, and OUE Healthcare intends to privatise Healthway Medical Corp in the event that the trading of shares are suspended on SGX.
OUE Healthcare and its concert parties own, control or have agreed to acquire 2,962.6 million shares or 65.32% of Healthway Medical Corp’s shares in issue.
See Also:
Click here to stay updated with the Latest Business & Investment News in Singapore
Healthway Medical shareholders vote to delist with 99.47% approval
OUE Healthcare reports 1HFY2023 earnings of $1.8 mil, down 79% y-o-y
Healthway Medical shares up 39.4% after OUE Healthcare’s exit offer of 4.8 cents
Get in-depth insights from our expert contributors, and dive into financial and economic trends