Notice of Valuation of Real Assets::VALUATION OF THE GROUP'S PROPERTIES AS AT 31 DECEMBER 2022
Issuer & Securities
Issuer/ Manager
OUE LIPPO HEALTHCARE LIMITED
Securities
OUE LIPPO HEALTHCARE LTD - SG2F86994413 - 5WA
Stapled Security
No
Announcement Details
Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
27-Feb-2023 18:11:36
Status
New
Announcement Sub Title
VALUATION OF THE GROUP'S PROPERTIES AS AT 31 DECEMBER 2022
Announcement Reference
SG230227OTHRVN04
Submitted By (Co./ Ind. Name)
Mr. Yet Kum Meng
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
Please refer to the attached file.
This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange assumes no responsibility for the contents of this document, including the correctness of any of the statements or opinions made or reports contained in this document.
The contact person for the Sponsor is Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, sponsorship@ppcf.com.sg.
Additional Details
Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
31/12/2022
Savills Real Estate Valuation (Guangzhou) Ltd
Wuxi New Districts Phoenix Hospital
Yuan Renminbi
89,000,000
31/12/2022
Raine & Horne International Zaki + Partners Sdn Bhd
Mixed Commercial Development Land at Kuala Lumpur, Malaysia
Malaysian Ringgit
128,000,000
Valuation of Reports available for inspection at address during office hours
6 Shenton Way, #10-10, OUE Downtown 2, Singapore 068809
Reports available till date
26/05/2023
Additional Information
This value of the property "Wuxi New Districts Phoenix Hospital" consists of the aggregate value of 1) Land allocated to lease prepayment: RMB
20,000,000; and 2) Investment properties under development: RMB 69,000,000.
Attachments
OUELH - Announcement - Valuations of properties FY2022.pdf
Total size =517K
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