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News

Proposed Voluntary Delisting And Conditional Exit Offer For Healthway Medical Corporation Limited - Exit Offer Declared Unconditional In All Respects

BackSep 28, 2023
Announcement Title General Announcement
Date & Time of Broadcast Sep 28, 2023 21:19
Status New
Announcement Sub Title Proposed Voluntary Delisting and Conditional Exit Offer for Healthway Medical Corporation Limited
Announcement Reference SG230928OTHRG0T4
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) Reference is made to the Company's announcements dated 3 July 2023, 5 September 2023 and 27 September 2023 in relation to the conditional exit offer by OUEH Investments Pte. Ltd. (the "Offeror"), a wholly-owned subsidiary of the Company, for the proposed voluntary delisting (the "Delisting") of Healthway Medical Corporation Limited (the "Exit Offer").

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 Exit Offer being declared unconditional in all respects; and

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

Please refer to the attached file for further details.

This announcement has been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor"). It has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "Exchange") and the Exchange 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. Foo Jien Jieng, 16 Collyer Quay, #10-00 Collyer Quay Centre, Singapore 049318, sponsorship@ppcf.com.sg.

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