January 10, 2018 / 9:53 AM / 8 months ago

BRIEF-Oue Lippo Healthcare Enters Placement Deal; Co To Allot Total Of 562.5 Mln Shares

Jan 10 (Reuters) - Oue Lippo Healthcare Ltd:

* ISSUE PRICE OF EACH PLACEMENT SHARE IS S$0.14; PLACEMENT CONSIDERATION AMOUNTING TO S$78.8 MILLION

* ENTERS PLACEMENT DEAL WITH BROWNY HEALTHCARE PTE; CO TO ALLOT TOTAL OF 562.5 MILLION SHARES

* ‍NET PROCEEDS FROM PLACEMENT S$77.5 MILLION Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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