Treasure International Holdings Pte. Ltd., a subsidiary of OUE Limited, has announced a proposal to privatise OUE Healthcare Limited through a scheme of arrangement. The offer, set at S$0.050 per share, represents a 28.2% premium over the last transacted price of S$0.039 per share on 21 August 2026. This move aims to provide shareholders with an opportunity to realise their investment in cash amidst low trading liquidity.
The proposed scheme offers significant premiums over historical market prices, including a 37.5% premium over the one-month volume-weighted average price (VWAP) and a 51.1% premium over the 12-month VWAP. Additionally, the offer exceeds the latest unaudited net asset value per share of S$0.0488 as of 30 June 2026.
OUE Healthcare’s shares have experienced low trading liquidity, with an average daily trading volume of just 0.05% of total issued shares over the past year. The privatisation is expected to provide greater flexibility for management to focus on long-term strategies without the constraints of public market expectations.
The scheme requires approval from a majority of shareholders representing at least 75% in value of the shares present and voting at the scheme meeting. Regulatory and court approvals are also necessary. If successful, OUE Healthcare will be delisted from the Singapore Exchange.
Maybank Securities Pte. Ltd. is advising Treasure International on the acquisition. Shareholders are advised to await the scheme document for further details and recommendations.
