Our sponsors
ABOUT OUE LIMITED
OUE Limited (SGX:LJ3) is a leading pan-Asian, full service real estate development, investment and management company with assets across the commercial, hospitality, retail, residential and healthcare sectors. Best known for its landmark property portfolio in Singapore, OUE consistently leverages its expertise in property development and asset management to maximise yield and unlock value. As at 31 December 2022, OUE’s total assets were valued at S$9.5 billion.
OUE is the manager of two SGX-listed REITs: OUE Commercial Real Estate Investment Trust and First Real Estate Investment Trust. As at 31 December 2022, OUE managed S$7.8 billion in funds under management across its two REIT platforms and its managed accounts.
Since 2017, OUE has expanded its business activities into the complementary and high-growth healthcare and consumer sectors. OUE is the controlling shareholder of OUE Healthcare Limited, an SGX-listed, integrated healthcare services provider that owns, operates and invests in high-quality healthcare assets in high-growth Asian markets.
Anchored by its “Transformational Thinking” philosophy, OUE has built a reputation for developing iconic projects, transforming communities, providing exceptional service to customers and delivering long-term value to stakeholders.
ABOUT OUE HEALTHCARE LIMITED
Listed on the Catalist Board of Singapore Exchange Securities Trading Limited ("SGX-ST"), OUE Healthcare Limited ("OUEH" or the "Company", and together with its subsidiaries, the "Group") is a subsidiary company of OUE Limited ("OUE"). OUEH is a Pan-Asian healthcare group that owns, operates and invests in quality healthcare businesses in high-growth Asian markets.
OUEH currently operates one general hospital, Wuxi Lippo Xi Nan Hospital, in China. Its joint venture with China Merchants Group is developing a high-end international hospital, Shenzhen China Merchants – Lippo Prince Bay Hospital to serve the affluent Greater Bay Area, and will lease and operate an Obstetrics & Gynaecology hospital, Changshu China Merchants-Lippo O&G Hospital.
In Myanmar, OUEH holds a 40% stake in the joint venture companies that own and operate seven medical facilities in Myanmar that are branded as Pun Hlaing Hospitals.
OUEH is also the sponsor and the largest unitholder of First Real Estate Investment Trust ("First REIT"), Singapore's first listed healthcare real estate investment trust, where it directly owns approximately 33.1% of the REIT. It also holds a 40% stake in its manager, First REIT Management Limited.
OUEH continually seeks to grow its healthcare businesses in Asia via its three-pronged strategy in developing strategic partnerships, adopting an asset-light approach and growing its Pan-Asian presence.
In February 2018, ITOCHU Corporation ("ITOCHU") took a strategic stake in OUEH with the completion of a placement of 562,500,000 new ordinary shares. ITOCHU is listed on the Tokyo Stock Exchange and is amongst the largest and most diversified trading companies in the world with presence in 63 countries.
