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OUE Healthcare Settles Legal Dispute with Former Employee

Story Highlights
  • OUE Healthcare Limited operates in the healthcare industry, focusing on Asian markets.
  • The company resolved legal disputes with Ms. Lim, waiving all claims without financial impact.
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OUE Healthcare Settles Legal Dispute with Former Employee

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OUE Lippo Healthcare Limited ( (SG:5WA) ) just unveiled an update.

OUE Healthcare Limited has resolved its legal disputes with Ms. Lim Beng Choo, who had previously filed claims against the company for unpaid salaries and other compensations. The court proceedings have been discontinued due to inactivity, and a full and final settlement agreement was reached, waiving all claims without any financial or detrimental actions required from the company. This resolution removes any pending legal claims, potentially stabilizing the company’s operations and positively impacting its stakeholder relations.

More about OUE Lippo Healthcare Limited

OUE Healthcare Limited, formerly known as OUE Lippo Healthcare Limited and International Healthway Corporation Limited, operates in the healthcare industry. The company focuses on providing healthcare services and facilities, primarily in the Asian market.

YTD Price Performance: -33.33%

Average Trading Volume: 615,200

Technical Sentiment Signal: Buy

Current Market Cap: S$88.86M

Learn more about 5WA stock on TipRanks’ Stock Analysis page.

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