Upon completion of the deal, likely on Dec 24, OUE's stake in OUEH will increase to 89.68%.
OUE has acquired the entire 19.32% stake held by its partner Itochu in OUE Healthcare at 2.4 cents per share, or just over $20.7 million.
The agreed transaction price is a slight discount off OUEH's last traded price of 2.6 cents on Dec 15.
