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OUE Lippo Healthcare Limited ( (SG:5WA) ) just unveiled an update.
OUE Lippo Healthcare Limited has entered into a facility agreement with a group of financial institutions for a term loan and revolving loan facility totaling S$100 million. This agreement includes provisions that require the company to notify lenders if its controlling shareholder, OUE Limited, reduces its stake below 51%. Such an event would trigger a review and potential prepayment of the loans, impacting the company’s financial arrangements.
More about OUE Lippo Healthcare Limited
OUE Lippo Healthcare Limited operates in the healthcare industry, providing a range of healthcare services and facilities. The company focuses on delivering high-quality medical care and services, catering to the needs of patients and stakeholders in the healthcare sector.
Average Trading Volume: 628,689
Technical Sentiment Signal: Sell
Current Market Cap: S$111.1M
For a thorough assessment of 5WA stock, go to TipRanks’ Stock Analysis page.