Home
Login Register
OUE Healthcare    Last:0.042    +0.002

IHC

 Post Reply 441-460 of 1133
 
teeth53
    08-Feb-2017 16:50  
Contact    Quote!


gg...gone 0.96c. Closing 0.098c....?. huat argh.
 
 
TechnicalTrader
    08-Feb-2017 16:07  
Contact    Quote!


final hour profit-taking for day-traders?
 
 
happyharvest
    08-Feb-2017 15:53  
Contact    Quote!


breakaway gap! huat ah!
 

 
amandayoung
    08-Feb-2017 15:51  
Contact    Quote!
4.5 gigabytes of emails were deleted from Ms Lim Beng Choo's company email account.....

That is A LOT OF EMAILS !

What is there to hide ?
 
 
teeth53
    08-Feb-2017 15:40  
Contact    Quote!
10 cent soon....sooner then later. Hahaha.😆

teeth53      ( Date: 08-Feb-2017 12:18) Posted:



IHC will be a 0.100 cents counter, It jumped 0.018c or by 26.9% today. Volume so far -   208m shr changed hands.

HMc can look for 0.050c too.

Newlearner      ( Date: 07-Feb-2017 18:45) Posted:

Healthway medical voluntary conditional offer at 0.042 by lippo grp


 
 
TechnicalTrader
    08-Feb-2017 15:01  
Contact    Quote!


Bro

I think you are right... I better stop selling...

KopRed75      ( Date: 08-Feb-2017 09:20) Posted:

I think IHC may be the next privitisation target and it may be fought out by at least 2 parties.

 

 
TechnicalTrader
    08-Feb-2017 14:31  
Contact    Quote!


ha ha just keep going up...

everybody happy
 
 
teeth53
    08-Feb-2017 14:30  
Contact    Quote!


Good good, at least cash in pocket n be very nice.

TechnicalTrader      ( Date: 08-Feb-2017 13:38) Posted:



I am not quite happy with this...seems like they are taking too much advantage.... but no choice... without them we don' t have anything....

sold 15% of my holdings already

teeth53      ( Date: 08-Feb-2017 13:17) Posted:



International Healthway Corporation has been thrown a  lifeline in the form of a convertible loan facility of up to S$50m from  Singapore property company Oxley Holdings and its senior managers.

Move follows ousting of IHC' s former board of directors last mth  at the initiative of a group led by Oxley' s controlling shareholders.

While the facility may help the Singapore-listed hospital-mgt company  to meet obligations on a S$50m 7% bond due on April 27, it is not clear if it  will be sufficient to clear all obligations on the debt.

Proceeds from the facility will also be used to pay interest due on loans  and debts owed by IHC to financial institutions, operating expenses including  staff wages and professional fees, and cover the cost of an investigation into  the affairs and transactions of IHC and its subsidiaries up to S$500,000. 

Under the non-binding convertible loan agreement, Oxley' s directors and  controlling shareholders Ching Chiat Kwong and Low See Ching will provide up to  S$5m to IHC. This amount will be repaid when Oxley gets shareholder approval to  provide up to S$50m at an interest rate of 6% per annum.

Ching has a 19.15% stake in IHC, while Low has a 7.12% stake. 

Oxley will have the right to convert the loan into new fully paid ordinary  shares of IHC at the issue price of S$0.06102, which is a 10% discount to the  volume-weighted average price of IHC shares of S$0.0678 on January 23.

In addition to obtaining approval from its shareholders at an EGM, Oxley will also require a waiver from Singapore' s Securities  Industry Council of its obligation to make a mandatory offer. 

IHC said in a statement to the Singapore Exchange that the stakes of Ching' s  and Low' s could rise to 20.6% and 9.14% after conversion of their loans.  If Oxley' s loan facility is converted, assuming it takes out, loans  from Ching and Low, Oxley will then stand to hold a 33.06% stake in IHC. 

Market sources said Oxley has close ties with property group OUE, owned by  the Riady family, which said on January 23 that it had taken up a 12.54% stake  in IHC. 

IHC has a second outstanding bond - a S$50m 6% note due February 6 2018.


 
 
teeth53
    08-Feb-2017 14:28  
Contact    Quote!


Yup, yup....agreed, don just be greedy for more n more.

A Hi Si Lan.....one day.

TechnicalTrader      ( Date: 08-Feb-2017 13:53) Posted:



at least now we are making profit with their help... so just take it...

alexchew      ( Date: 08-Feb-2017 13:42) Posted:



the deal is made to dilute IHC shareholders, what' s so good about the new white knights?

Lippo and oxley duo, working together. It' s a clear sign that IHC minority shareholders stakes will be reduced. With the upcoming bond due in 2018, one more round of trick, the whole company will be taken private cheaply.


 
 
nngeeh
    08-Feb-2017 14:20  
Contact    Quote!


Agreed. Before the white knights came along ... the share price was stuck at 0.05 ... and who knows if the directors were not kicked out ... what other things that they  will do that will further lower or dilute the share value .. At least we are seeing 0.08+

TechnicalTrader      ( Date: 08-Feb-2017 13:53) Posted:



at least now we are making profit with their help... so just take it...

alexchew      ( Date: 08-Feb-2017 13:42) Posted:



the deal is made to dilute IHC shareholders, what' s so good about the new white knights?

Lippo and oxley duo, working together. It' s a clear sign that IHC minority shareholders stakes will be reduced. With the upcoming bond due in 2018, one more round of trick, the whole company will be taken private cheaply.


 

 
TechnicalTrader
    08-Feb-2017 13:53  
Contact    Quote!


at least now we are making profit with their help... so just take it...

alexchew      ( Date: 08-Feb-2017 13:42) Posted:



the deal is made to dilute IHC shareholders, what' s so good about the new white knights?

Lippo and oxley duo, working together. It' s a clear sign that IHC minority shareholders stakes will be reduced. With the upcoming bond due in 2018, one more round of trick, the whole company will be taken private cheaply.

teeth53      ( Date: 08-Feb-2017 13:17) Posted:



International Healthway Corporation has been thrown a  lifeline in the form of a convertible loan facility of up to S$50m from  Singapore property company Oxley Holdings and its senior managers.

Move follows ousting of IHC' s former board of directors last mth  at the initiative of a group led by Oxley' s controlling shareholders.

While the facility may help the Singapore-listed hospital-mgt company  to meet obligations on a S$50m 7% bond due on April 27, it is not clear if it  will be sufficient to clear all obligations on the debt.

Proceeds from the facility will also be used to pay interest due on loans  and debts owed by IHC to financial institutions, operating expenses including  staff wages and professional fees, and cover the cost of an investigation into  the affairs and transactions of IHC and its subsidiaries up to S$500,000. 

Under the non-binding convertible loan agreement, Oxley' s directors and  controlling shareholders Ching Chiat Kwong and Low See Ching will provide up to  S$5m to IHC. This amount will be repaid when Oxley gets shareholder approval to  provide up to S$50m at an interest rate of 6% per annum.

Ching has a 19.15% stake in IHC, while Low has a 7.12% stake. 

Oxley will have the right to convert the loan into new fully paid ordinary  shares of IHC at the issue price of S$0.06102, which is a 10% discount to the  volume-weighted average price of IHC shares of S$0.0678 on January 23.

In addition to obtaining approval from its shareholders at an EGM, Oxley will also require a waiver from Singapore' s Securities  Industry Council of its obligation to make a mandatory offer. 

IHC said in a statement to the Singapore Exchange that the stakes of Ching' s  and Low' s could rise to 20.6% and 9.14% after conversion of their loans.  If Oxley' s loan facility is converted, assuming it takes out, loans  from Ching and Low, Oxley will then stand to hold a 33.06% stake in IHC. 

Market sources said Oxley has close ties with property group OUE, owned by  the Riady family, which said on January 23 that it had taken up a 12.54% stake  in IHC. 

IHC has a second outstanding bond - a S$50m 6% note due February 6 2018.


 
 
alexchew
    08-Feb-2017 13:42  
Contact    Quote!


the deal is made to dilute IHC shareholders, what' s so good about the new white knights?

Lippo and oxley duo, working together. It' s a clear sign that IHC minority shareholders stakes will be reduced. With the upcoming bond due in 2018, one more round of trick, the whole company will be taken private cheaply.

teeth53      ( Date: 08-Feb-2017 13:17) Posted:



International Healthway Corporation has been thrown a  lifeline in the form of a convertible loan facility of up to S$50m from  Singapore property company Oxley Holdings and its senior managers.

Move follows ousting of IHC' s former board of directors last mth  at the initiative of a group led by Oxley' s controlling shareholders.

While the facility may help the Singapore-listed hospital-mgt company  to meet obligations on a S$50m 7% bond due on April 27, it is not clear if it  will be sufficient to clear all obligations on the debt.

Proceeds from the facility will also be used to pay interest due on loans  and debts owed by IHC to financial institutions, operating expenses including  staff wages and professional fees, and cover the cost of an investigation into  the affairs and transactions of IHC and its subsidiaries up to S$500,000. 

Under the non-binding convertible loan agreement, Oxley' s directors and  controlling shareholders Ching Chiat Kwong and Low See Ching will provide up to  S$5m to IHC. This amount will be repaid when Oxley gets shareholder approval to  provide up to S$50m at an interest rate of 6% per annum.

Ching has a 19.15% stake in IHC, while Low has a 7.12% stake. 

Oxley will have the right to convert the loan into new fully paid ordinary  shares of IHC at the issue price of S$0.06102, which is a 10% discount to the  volume-weighted average price of IHC shares of S$0.0678 on January 23.

In addition to obtaining approval from its shareholders at an EGM, Oxley will also require a waiver from Singapore' s Securities  Industry Council of its obligation to make a mandatory offer. 

IHC said in a statement to the Singapore Exchange that the stakes of Ching' s  and Low' s could rise to 20.6% and 9.14% after conversion of their loans.  If Oxley' s loan facility is converted, assuming it takes out, loans  from Ching and Low, Oxley will then stand to hold a 33.06% stake in IHC. 

Market sources said Oxley has close ties with property group OUE, owned by  the Riady family, which said on January 23 that it had taken up a 12.54% stake  in IHC. 

IHC has a second outstanding bond - a S$50m 6% note due February 6 2018.

 
 
TechnicalTrader
    08-Feb-2017 13:38  
Contact    Quote!


I am not quite happy with this...seems like they are taking too much advantage.... but no choice... without them we don' t have anything....

sold 15% of my holdings already

teeth53      ( Date: 08-Feb-2017 13:17) Posted:



International Healthway Corporation has been thrown a  lifeline in the form of a convertible loan facility of up to S$50m from  Singapore property company Oxley Holdings and its senior managers.

Move follows ousting of IHC' s former board of directors last mth  at the initiative of a group led by Oxley' s controlling shareholders.

While the facility may help the Singapore-listed hospital-mgt company  to meet obligations on a S$50m 7% bond due on April 27, it is not clear if it  will be sufficient to clear all obligations on the debt.

Proceeds from the facility will also be used to pay interest due on loans  and debts owed by IHC to financial institutions, operating expenses including  staff wages and professional fees, and cover the cost of an investigation into  the affairs and transactions of IHC and its subsidiaries up to S$500,000. 

Under the non-binding convertible loan agreement, Oxley' s directors and  controlling shareholders Ching Chiat Kwong and Low See Ching will provide up to  S$5m to IHC. This amount will be repaid when Oxley gets shareholder approval to  provide up to S$50m at an interest rate of 6% per annum.

Ching has a 19.15% stake in IHC, while Low has a 7.12% stake. 

Oxley will have the right to convert the loan into new fully paid ordinary  shares of IHC at the issue price of S$0.06102, which is a 10% discount to the  volume-weighted average price of IHC shares of S$0.0678 on January 23.

In addition to obtaining approval from its shareholders at an EGM, Oxley will also require a waiver from Singapore' s Securities  Industry Council of its obligation to make a mandatory offer. 

IHC said in a statement to the Singapore Exchange that the stakes of Ching' s  and Low' s could rise to 20.6% and 9.14% after conversion of their loans.  If Oxley' s loan facility is converted, assuming it takes out, loans  from Ching and Low, Oxley will then stand to hold a 33.06% stake in IHC. 

Market sources said Oxley has close ties with property group OUE, owned by  the Riady family, which said on January 23 that it had taken up a 12.54% stake  in IHC. 

IHC has a second outstanding bond - a S$50m 6% note due February 6 2018.

 
 
teeth53
    08-Feb-2017 13:17  
Contact    Quote!


International Healthway Corporation has been thrown a  lifeline in the form of a convertible loan facility of up to S$50m from  Singapore property company Oxley Holdings and its senior managers.

Move follows ousting of IHC' s former board of directors last mth  at the initiative of a group led by Oxley' s controlling shareholders.

While the facility may help the Singapore-listed hospital-mgt company  to meet obligations on a S$50m 7% bond due on April 27, it is not clear if it  will be sufficient to clear all obligations on the debt.

Proceeds from the facility will also be used to pay interest due on loans  and debts owed by IHC to financial institutions, operating expenses including  staff wages and professional fees, and cover the cost of an investigation into  the affairs and transactions of IHC and its subsidiaries up to S$500,000. 

Under the non-binding convertible loan agreement, Oxley' s directors and  controlling shareholders Ching Chiat Kwong and Low See Ching will provide up to  S$5m to IHC. This amount will be repaid when Oxley gets shareholder approval to  provide up to S$50m at an interest rate of 6% per annum.

Ching has a 19.15% stake in IHC, while Low has a 7.12% stake. 

Oxley will have the right to convert the loan into new fully paid ordinary  shares of IHC at the issue price of S$0.06102, which is a 10% discount to the  volume-weighted average price of IHC shares of S$0.0678 on January 23.

In addition to obtaining approval from its shareholders at an EGM, Oxley will also require a waiver from Singapore' s Securities  Industry Council of its obligation to make a mandatory offer. 

IHC said in a statement to the Singapore Exchange that the stakes of Ching' s  and Low' s could rise to 20.6% and 9.14% after conversion of their loans.  If Oxley' s loan facility is converted, assuming it takes out, loans  from Ching and Low, Oxley will then stand to hold a 33.06% stake in IHC. 

Market sources said Oxley has close ties with property group OUE, owned by  the Riady family, which said on January 23 that it had taken up a 12.54% stake  in IHC. 

IHC has a second outstanding bond - a S$50m 6% note due February 6 2018.
 
 
teeth53
    08-Feb-2017 13:02  
Contact    Quote!


Any interested party wanting to take control of IHC will have to pay a good price. (Think So)laugh

newbie24      ( Date: 08-Feb-2017 10:34) Posted:

Entered. The new management should be able to turn it around. Honestly, IHC business shouldn't be priced at a measly 0.080.

 

 
teeth53
    08-Feb-2017 13:00  
Contact    Quote!


Err...This is refering to Healthway Med corp (HMC) n not IHC.blush

teeth53      ( Date: 08-Feb-2017 12:58) Posted:



Somemore Lippo group bot dirt cheap at only 0.038 cents.

Newlearner      ( Date: 08-Feb-2017 12:38) Posted:



Oxleys' towkays proposed loan facility to IHC simply telling us they had confirmed IHC is greatly under value after all the digging from taking over e management, and they had cleared the concern w confidences of the default of bonds due to major SSH Fan, sold shares to Lippo grp. With another major player Lippo grp came into picture, and its recent developmement w HMC, Speculations are on the table. Oxleys' towkays wont let lippo grp take over cheaply...


 
 
teeth53
    08-Feb-2017 12:58  
Contact    Quote!


Somemore Lippo group bot dirt cheap at only 0.038 cents.

Newlearner      ( Date: 08-Feb-2017 12:38) Posted:



Oxleys' towkays proposed loan facility to IHC simply telling us they had confirmed IHC is greatly under value after all the digging from taking over e management, and they had cleared the concern w confidences of the default of bonds due to major SSH Fan, sold shares to Lippo grp. With another major player Lippo grp came into picture, and its recent developmement w HMC, Speculations are on the table. Oxleys' towkays wont let lippo grp take over cheaply...

 
 
Newlearner
    08-Feb-2017 12:38  
Contact    Quote!


Oxleys' towkays proposed loan facility to IHC simply telling us they had confirmed IHC is greatly under value after all the digging from taking over e management, and they had cleared the concern w confidences of the default of bonds due to major SSH Fan, sold shares to Lippo grp. With another major player Lippo grp came into picture, and its recent developmement w HMC, Speculations are on the table. Oxleys' towkays wont let lippo grp take over cheaply...
 
 
teeth53
    08-Feb-2017 12:18  
Contact    Quote!


IHC will be a 0.100 cents counter, It jumped 0.018c or by 26.9% today. Volume so far -   208m shr changed hands.

HMc can look for 0.050c too.

Newlearner      ( Date: 07-Feb-2017 18:45) Posted:

Healthway medical voluntary conditional offer at 0.042 by lippo grp

 
 
newbie24
    08-Feb-2017 10:34  
Contact    Quote!
Entered. The new management should be able to turn it around. Honestly, IHC business shouldn't be priced at a measly 0.080.
 
Important: Please read our Terms and Conditions and Privacy Policy .