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Understanding OUE Lippo Healthcare’s Acquisition of First REIT
By ProButterfly  •  September 25, 2018

by: Tam Ging Wien

All examples and stocks quoted here in this article and on the ProButterflyTM site are for learning purposes; it does NOT constitute financial advice or a Buy/Sell recommendation. Contents are reflective of personal views and readers are responsible for their own investments and are advised to perform their own independent due diligence and take into account their own financial situation. If in any doubt about the investment action you should take, you should consult a professional certified financial advisor.

On the 18th September 2018 (Tue), First REIT requested for a trading halt on its units pending an announcement that triggered numerous speculations. First REIT’s unit price closed at $1.24 prior to this announcement. Just a month ago, it was trading at close to $1.30. It traded at a high of $1.38 this year.

Just after lunch hour, an announcement was made that OUE Lippo Healthcare Ltd (OUELH)

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By ProButterfly
Tam Ging Wien has been an avid equities and real estate investor for over 10 years. His passion for financial education and training stems from a desire to help others help themselves achieve financial freedom. In 2017 he published his first book entitled REITs to Riches: Everything You Need to Know About Investing Profitably in REITs.
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