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TSMP’s corporate team advises OUE Limited in S$78.8 million private placement to Itochu Corp
We are pleased to be advising OUE Limited, the majority shareholder of OUE Lippo Healthcare Limited, in the memorandum of understanding entered into with trading company Itochu Corp. This is in connection with a S$78.8 million private share placement, where Itochu’s indirect wholly-owned subsidiary Browny Healthcare will acquire OUE Lippo Healthcare shares at an issue price of S$0.14 apiece. Details of the deal are reported in the Business Times
