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An announcement from OUE Lippo Healthcare Limited ( (SG:5WA) ) is now available.
OUE Lippo Healthcare Limited reported that the recent 7.7 magnitude earthquake in Myanmar has caused physical damage to its Mandalay hospital, leading to a suspension of operations there. While the hospitals in Yangon and Taunggyi remain operational, they are affected by electricity shortages. The company is assessing the full impact of the earthquake on its operations and will provide updates as more information becomes available.
More about OUE Lippo Healthcare Limited
OUE Lippo Healthcare Limited operates in the healthcare industry, focusing on owning, operating, and managing hospitals and healthcare facilities. The company has a significant market presence in Myanmar, with a 40% stake in joint venture companies that manage Pun Hlaing Hospitals in key cities such as Yangon, Mandalay, and Taunggyi.
YTD Price Performance: -16.67%
Average Trading Volume: 647,294
Technical Sentiment Signal: Buy
Current Market Cap: S$111.1M
Find detailed analytics on 5WA stock on TipRanks’ Stock Analysis page.