SINGAPORE (Feb 19): OUE Lippo Healthcare climbed out of the red with full-year earnings of $3.4 million for FY2019 ended December, compare to losses of $9.3 million a year ago. This was mainly due to the reversal of provision for legal cost no longer required, which amounted to $9.8 million. This t...

OUE Lippo Healthcare on Wednesday posted a fourth-quarter net profit of S$2.6 million, more than double the net profit of S$1.2 million it made in the same period a year earlier, due mainly to a S$9.4 million increase in other income from the reversal of a provision for legal cost that is...

OUE Lippo Healthcare (OUELH) will jointly develop a hospital in Shenzhen, China, with Hong Kong-based, state-owned conglomerate China Merchants Group (CMG).

SINGAPORE (Dec 2): OUE Lippo Healthcare (OUELH) announced Monday it has entered into a share subscription agreement to jointly develop, operate and manage a high-end international hospital in Prince Bay, Shenzhen with China Merchants Group for RMB126.3 million ($24.6 million). OUELH says the projec...

OUE Lippo Healthcare (OUELH) will jointly develop a hospital in Shenzhen, China, with Hong Kong-based, state-owned conglomerate China Merchants Group (CMG).

CATALIST-LISTED OUE Lippo Healthcare (OUELH) on Monday night announced that its chief operating officer (COO), Dr Louis Tan Tiong Chin, 37, has resigned to "pursue other opportunities".

OUE Lippo Healthcare (OUELH) on Thursday announced that it will acquire a 70 per cent stake in Wuxi Bohai Hospital Co, whichoperates Wuxi Bohai Hospital, for about 9.8 million yuan (S$1.9 million).

SINGAPORE (Oct 9): First REIT is supported by tertiary hospitals that provide highly specialised consultative care and handle complex cases. This means the hospitals have higher revenue intensity per patient and margins compared to primary and secondary care hospitals. In addition, each of First RE...

SINGAPORE’S Court of Appeal has dismissed an appeal filed by Crest entities in a lawsuit with OUE Lippo Healthcare (OUELH) regarding the appointment of receivers over certain OUELH subsidiaries.

SINGAPORE (May 13): OUE Limited has reported a profit attributable to shareholders of $1 million for 1Q19, unchanged from a year ago despite growth in earnings before interest and tax (EBIT). This was largely due to non-cash finance costs on lease liabilities recognised on the adoption of SFRS(I) 1...