General Announcement::FIRST REIT - PROPOSED HOSPITAL AND NON-CORE DIVESTMENTS

Issuer & Securities

Issuer/ Manager
OUE HEALTHCARE LIMITED
Securities
OUE HEALTHCARE LIMITED - SG2F86994413 - 5WA
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
01-Apr-2026 12:01:30
Status
New
Announcement Sub Title
FIRST REIT - PROPOSED HOSPITAL AND NON-CORE DIVESTMENTS
Announcement Reference
SG260401OTHR3H3M
Submitted By (Co./ Ind. Name)
Mr Yet Kum Meng
Designation
Chief Executive Officer and Executive Director
Effective Date and Time of the event
01/04/2026 00:00:00
Description (Please provide a detailed description of the event in the box below)
The Company's associated company, First REIT Management Limited (the "Manager"), the manager of First Real Estate Investment Trust ("First REIT"), has today issued an announcement in relation to a proposed series of divestment transactions involving certain assets in First REIT's Indonesia portfolio (the "Proposed Divestments"), comprising the divestment of hospital and non-core assets as well as the grant of put options for the potential divestment of the remaining hospital assets.

The Proposed Divestments are part of First REIT's ongoing strategic review and are intended to optimise its capital structure, reduce exposure to foreign currency volatility and recycle capital.

For details, please refer to the announcement posted by First REIT on the SGX website, www.sgx.com.

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 announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.

The contact person for the Sponsor is Ms. Foo Jien Jieng, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.