Notice of Valuation of Real Assets::VALUATION OF THE GROUP'S PROPERTIES AS AT 31 DECEMBER 2019

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
19-Feb-2020 19:08:08
Status
New
Announcement Sub Title
VALUATION OF THE GROUP'S PROPERTIES AS AT 31 DECEMBER 2019
Announcement Reference
SG200219OTHRBPX9
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 prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"), in accordance with Rules 226(2)(b) and 753(2) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.

This announcement has not been examined or approved by the SGX-ST. The SGX-ST 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 Gillian Goh, Director, Head of Continuing Sponsorship (Mailing address: 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318 and E-mail: sponsorship@ppcf.com.sg).

Additional Details

Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
31/12/2019Colliers International Japan KKHikari Heights Varus KotoniYen6,072,000,000
31/12/2019Colliers International Japan KKHikari Heights Varus Makomanai- KoenYen4,317,000,000
31/12/2019Colliers International Japan KKElysion Mamigaoka, Elysion Mamigaoka AnnexYen2,366,000,000
31/12/2019Colliers International Japan KKVarus Coure Sapporo-KitaYen1,720,000,000
31/12/2019Colliers International Japan KKVarus Coure Sapporo-Kita AnnexYen993,000,000
31/12/2019Colliers International Japan KKHikari Heights Varus FujinoYen1,622,000,000
31/12/2019Colliers International Japan KKElysion GakuenmaeYen1,577,000,000
31/12/2019Colliers International Japan KKOrchard Kaichi NorthYen1,374,000,000
31/12/2019Colliers International Japan KKVarus Coure YamanoteYen1,027,000,000
31/12/2019Colliers International Japan KKOrchard AmanohashidateYen961,000,000
31/12/2019Colliers International Japan KKHikari Heights Varus IshiyamaYen929,000,000
31/12/2019Colliers International Japan KKHikari Heights Varus Tsukisamu-KoenYen747,000,000
31/12/2019Colliers International Japan KKOrchard Kaichi WestYen470,000,000
31/12/2019Savills Real Estate Valuation (Guangzhou) LtdWuxi New Districts Phoenix HospitalYuan Renminbi311,000,000
31/12/2019Raine & Horne International Zaki + Partners Sdn Bhd.Mixed Commercial Development Land at Kuala Lumpur, MalaysiaMalaysian Ringgit180,000,000
Valuation of Reports available for inspection at address during office hours
6 Shenton Way, #10-09A, OUE Downtown 2, Singapore 068809
Reports available till date
18/05/2020
Additional Information
The valuation of the Property "Wuxi New Districts Phoenix Hospital" consists the aggregate value of (1) existing hospital building: RMB8,000,000; (2) Land allocated to lease prepayment: RMB136,000,000; and (3) Investment properties under development: RMB167,000,000.

Attachments