OUE Healthcare    Last:0.043    -0.001

IHC

Now they raised 78mil from Itochu, i guess they will be buying quality assets and there will be growth in this company.


 

 

Itochu is in

 

Profit warnings: OUE Lippo Healthcare

OUE Lippo Healthcare blamed operating costs.

http://www.businesstimes.com.sg/companies-markets/profit-warnings-oue-lippo-healthcare-healthway-medical-csc-holdings

OUE Lippo Healthcare subsidiary faces suit by individual claiming majority stake

CERTAIN downstream subsidiaries of OUE Lippo Healthcare are facing a lawsuit by an individual claiming a majority share in one of those units.

OUE Lippo, the hospital and nursing facilities operator formerly known as International Healthway Corp, said that one David Lin Kao Kun has started legal action in the Shanghai Pudong New District Courts against its subsidiaries Shanghai Yilin Medical Management Consulting Co and Wuxi Yilin Health Management Co.

Mr Lin alleges that he had entered into an agreement with Wuxi Yilin Health around June 5, 2014 to hold about a 71 per cent stake in shares in Shanghai Yilin on trust for Mr Lin, in consideration of him performing a capital injection into Shanghai Yilin.

Mr Lin is seeking a court order determining that he is the owner of the 71 per cent stake in Shanghai Yilin.
http://www.businesstimes.com.sg/companies-markets/oue-lippo-healthcare-subsidiary-faces-suit-by-individual-claiming-majority-stake
 

 

long term wise i am confident price will go up as oxley previously also brought into this counter, they should be interested in the property that Lippo HC holds currently. OUE end up takver this IHC, my gut feel is too that they are eyeing the properties in the group across japan and china.

Dyodd. FYI Goi Seng Hui also have stake in this counter.

 

My view is this counter should have better future due to the following:

a) OUE have major stake
b) New management
c) Having a lot of hospitals oversea.

Hope the price can reach 15 cents soon as suggested beow.

Thanks.

 

If this counter is going up.... I believe Healthway which OUE owns majority will most likely go up too. It' s trading at only 0.049 now.

 

buy buy buy TP$0.15 

 

counter coming in play soon, buy buy buy TP$0.15
Just check Lippo grp own 88%, GOI SENG HUI own 1%. 

 

Will a name change help to propel this stock forward?

 

heavy losses

 

http://www.businesstimes.com.sg/companies-markets/court-grants-ihcs-applications-to-amend-pleadings-in-high-court

 

what happend to ihc? no more interest. haha

 

Will this also provide some indication of what may be happening to HMC? Just wondering.

 

Trade summary - Op at 0.107 and cls at 0.115

Last Trades Volume Bid Volume Mid Ask Volume 0.107 2 30,000 0 0 30,000 0.108 3 72,200 8,200 64,000 0 0.109 6 30,000 0 0 30,000 0.110 22 269,400 0 0 269,400 0.112 4 375,000 0 0 375,000 0.114 1 100,000 0 0 100,000 0.115 5 163,900 0 0 163,900 0.118 11 425,200 2,300 0 422,900 0.120 1 100 0 0 100 TOTAL 55 1,465,800 10,500 64,000 1,391,300

-	Bid : volume done at buyer' s price.
-	Mid : married trade / bundled trade
-	Ask : volume done at seller' s price

Time	Last	Volume	Bid/Ask
17:04:21	0.115	1,700	A
16:19:48	0.118	2,300	B
16:05:46	0.120	100	A
15:50:37	0.118	27,700	A
15:43:42	0.118	50,000	A
15:40:35	0.118	27,700	A
15:40:35	0.118	22,300	A
15:33:15	0.118	72,300	A
15:33:15	0.118	27,700	A
15:21:49	0.118	40,000	A
15:17:37	0.118	50,000	A
15:12:48	0.118	95,200	A
15:10:45	0.118	10,000	A
15:09:38	0.115	12,200	A
15:09:37	0.115	70,000	A
15:09:37	0.115	30,000	A
15:07:23	0.115	50,000	A
15:05:12	0.114	100,000	A
14:51:43	0.112	50,000	A
14:49:35	0.112	50,000	A

 

We been con to believe...a half truth. So they wanted badly to STOP at 86.16%

Based on  total number of issued Shares of the Coy, shall be to 1,659,064,603 Shares. 
MANDATORY UNCONDITIONAL CASH OFFER 
Offer no longer open for acceptance, any acceptances received after 5.30pm. 13-Apr-17 will be rejected.

Amount to an aggregate of 1,429,517,226 Shares, representing approximately 86.16% 

 

And why did SGX agree to such statement. Is like we be con.....

teeth53      ( Date: 14-Apr-2017 14:38) Posted: Based on  total number of issued Shares of the Coy, shall be to 1,659,064,603 Shares.   MANDATORY UNCONDITIONAL CASH OFFER Offer no longer open for acceptance, any acceptances received after 5.30pm. 13 April 2017 will be rejected. Amount to an aggregate of 1,429,517,226 Shares, representing approximately 86.16% Trade sum up on 13 April 2017 (Thurs B4 and after 5pm) Time Last Volume Bid/Ask 17:04:22 0.107 10,600 B 17:04:22 0.107 39,400 B 17:04:22 0.107 6,100 B 17:04:22 0.107 8,600 B 17:04:22 0.107 9,600 B 17:04:22 0.107 1,000 B 17:04:22 0.107 10,100 B 16:58:16 0.107 600 A 16:58:14 0.106 900 B 14:07:28 0.107 600 A 14:07:28 0.107 100 A 13:42:15 0.107 3,800 A 13:42:13 0.107 29,900 A 13:41:40 0.107 700 A 13:41:38 0.106 5,100 A 13:23:51 0.106 900 A 13:23:49 0.105 6,000 B   teeth53      ( Date: 16-Mar-2017 21:33) Posted: http://infopub.sgx.com/FileOpen/IHC_Final%20Close_16Mar17.ashx?App=Announcement& FileID=443585 EXTENSION OF OFFER PERIOD AND FINAL CLOSING DATE Singapore Code on Take-overs and Mergers, as Offer is unconditional in all respects.  The closing date of Offer has been extended to 5.30 p.m. on 13 April 2017. (Final Closing Date).

 

Think it did not hit 90%, +. Maybe stop at less then 90%. So it still listed n everyone can trade on open mkt.

chrisy1p      ( Date: 04-Mar-2017 16:40) Posted: Hi, By 30 Mar, if IFC acquires more than 90% and decides to exercise rights to compulsorily acquire all the shares, IFC will still pay me cash?  By 30 Mar, if IFC acquires more than 90% and decides not to exercise rights to compulsorily acquire all the shares and free float requirement is less than 10%, IFC will issue me a physical share certificate?

 

Maybe chrisy1p can provide some personal comment...?

The prospectus says it intends to stay listed.. unless....kena con liao lohh.

chrisy1p      ( Date: 08-Mar-2017 23:00) Posted: No no.The prospectus says it intends to stay listed. Unless its hands are forced.

 

I sold back to the Lipo gp at offer price 0.106 and now the price suddnly surge to 0.120. Anyone else feel cheated? Thot they were going to delist? Can someone explain why they can " force" us to sell to them at a lowball price when the mkt price should be much higher???  

happyharvest      ( Date: 17-Apr-2017 22:56) Posted: They continue to hold on the share for better for worse sinmathi      ( Date: 17-Apr-2017 22:13) Posted: Now the cash offer  has ended. What will happen to those(13.84%) who did not accept the cash offer?

 

They continue to hold on the share for better for worse

sinmathi      ( Date: 17-Apr-2017 22:13) Posted: Now the cash offer  has ended. What will happen to those(13.84%) who did not accept the cash offer?