OUE expands into healthcare real estate market

It launched a cash offer for IHC at $0.106 per share.

Integrated property developer OUE Limited announced its intention to launch a mandatory unconditional cash offer for International Healthway Corporation Limited.

The offer is to purchase a further 593,470,029 shares, representing 35.77% of the share capital of IHC.

According to OCBC Investment Research, OUE currently owns a 57.6% aggregate stake in IHC, which makes its offer unconditional.

"Management intends to expand into healthcare real estate which will be a strategic fit to its existing asset portfolio," OCBC noted.

OUE executive chairman Stephen Riady said, "Given the rapidly ageing population in Japan and Asia and the consequent rising demand for healthcare, it is a timely entry into a sector that we see has tremendous growth potential.”

It added, “With OUE’s proven expertise in property development, we can leverage our experience and track record to add value to the quality assets under IHC’s portfolio."

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia