SHARES of OUE Lippo Healthcare closed higher on Tuesday (May 24), after the healthcare group said it will form new partnerships to add to its healthcare network.

SHARES of OUE Lippo Healthcare jumped in the morning on Tuesday (May 24), after the healthcare group said it will form new partnerships to add to its healthcare network.

OUE Limited and its healthcare subsidiary, OUE Lippo Healthcare (OUELH) have announced that their joint venture, Echo Healthcare Management has formed a partnership with three medical specialist groups in Singapore.OUELH and OUE hold 60% and 40% respectively in Echo Healthcare Management, and under ...

Le Kang Assets is a joint venture company (JVCo) that is indirectly owned by China Merchants Lippo Hospital Management (Shenzhen) Limited, the OUE Lippo Healthcare’s joint venture company with independent third-party, China Merchants Shekou Industrial Zone Holdings Co., Ltd.The JVCo holds the land...

CATALIST-LISTED OUE Lippo Healthcare 5WA (OUELH) on Tuesday reported a net loss of S$2.5 million for the second half of the year ended December, versus a net loss of S$97.5 million in the corresponding year-ago period.

THE independent directors of the manager of First Reit (real estate investment trust) have recommended that unitholders vote in favour of the acquisition of 12 nursing homes in Japan from OUE Lippo Healthcare and a separate S$30.6 million settlement for cancelled works.

OUE Lippo Healthcare 5WA announced on Friday (Dec 17) that it has reached a "full and final" settlement agreement with funds owned by Crest Capital Asia.

One of this year’s top performing REITs is First REIT, which was listed in 2006 with Indonesian healthcare assets — mainly hospitals. First REIT’s unit price is up some 40% this year. Most of the gains were recorded in November. On Dec 8, First REIT’s manager announced it plans to acquire 12...