16 Feb 2017
Mandatory Unconditional Cash Offer by Treasure International Holdings Pte. Ltd., a wholly owned subsidiary of OUE Limited, to acquire all the shares of International Healthway Corporation Limited
Danny Lim, Penelope Loh and Caitlin Huang are advising International Healthway Corporation Limited, which is listed on the Catalist Board of the SGX-ST, in the mandatory unconditional cash offer by Treasure International Holdings Pte. Ltd., a wholly owned subsidiary of OUE Limited, to acquire all the shares of the company. Based on the offer price of S$0.106 per share, the group is valued at approximately S$175.86 million.
The group provides elderly care, specialist healthcare services for women and children, and primary and preventive care through hospitals and nursing homes, maternity homes and step-down care facilities, and also owns and manages healthcare facilities in the PRC, Japan, Australia and Malaysia in which it operates its healthcare services.