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.
OCBC Bank announced, on behalf of OUEH Investments which is a unit of OUE
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.