General Announcement::OUEH Exit Offer for HMC - Final Closing Date, No Revised Exit Offer Price or Compulsory Acquisition

Issuer & Securities

Issuer/ Manager
OUE LIMITED
Securities
OUE LIMITED - SG2B80958517 - LJ3
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
10-Oct-2023 21:57:28
Status
New
Announcement Sub Title
OUEH Exit Offer for HMC - Final Closing Date, No Revised Exit Offer Price or Compulsory Acquisition
Announcement Reference
SG231010OTHRDAUQ
Submitted By (Co./ Ind. Name)
Kelvin Chua
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
Reference is made to the Company's announcements dated 3 July 2023, 5 September 2023, 27 September 2023 and 28 September 2023 in relation to the conditional exit offer by OUEH Investments Pte. Ltd. (the "Offeror") for the proposed voluntary delisting of Healthway Medical Corporation Limited ("HMC") (the "Exit Offer"). The Offeror is a subsidiary of OUE Healthcare Limited, which is in turn a subsidiary of OUE Limited.

In connection with the Exit Offer, an announcement has been issued today by Oversea-Chinese Banking Corporation Limited for and on behalf of the Offeror on:

(a) the extension of the Exit Offer, and the final closing date for the Exit Offer;

(b) the price of the Exit Offer being final and no revision being made thereto;

(c) the intention of the Offeror with respect to any trading suspension of the shares of HMC and the delisting of HMC from the Catalist Board of the Singapore Exchange Securities Trading Limited;

(d) there being no right of compulsory acquisition for the Offeror;

(e) the procedures for acceptance of the Exit Offer; and

(f) the level of valid acceptances received in respect of the Exit Offer.

For details, please refer to the announcement posted by OUE Healthcare Limited on the SGX website, www.sgx.com.