OUE Lippo Healthcare to receive S$800,000 from Crest entities in settlement agreement

businesstimes2021-12-17

OUE Lippo Healthcare announced on Friday (Dec 17) that it has reached a "full and final" settlement agreement with funds owned by Crest Capital Asia. Under the settlement, the Crest entities will pay ...

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Another S$250,000 has to be paid by Feb 28, 2022 and the final S$250,000 by Apr 29, 2022.\nIn July 2020, the Singapore High Court had issued a favourable judgement for the company in respect of a suit, and held that the Crest entities are jointly and severally liable for an aggregated sum of S$12.6 million.\nUpon full and final payment of the settlement sum, there will be no other pending or outstanding claims between the company and the Crest entities, said OUE Lippo Healthcare.\nShares of OUE Lippo Healthcare ended Friday at 0.038, down S$0.001 or S$2.56.","kind":null,"is_publish_news":false,"is_publish_highlight":false,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":699395710,"gmtCreate":1639746965472,"gmtModify":1639746965604,"author":{"id":"4091969897437990","authorId":"4091969897437990","name":"FemaleBuffet","avatar":"https://static.tigerbbs.com/0872c13e02dcd70356db5768cc416861","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"OUE to the moon&nbsp;","listText":"OUE to the moon&nbsp;","text":"OUE to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":2,"link":"https://laohu8.com/post/699395710","repostId":1173470611,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":699306282,"gmtCreate":1639745543461,"gmtModify":1639745831099,"author":{"id":"3574492498982218","authorId":"3574492498982218","name":"Fam_Fam87","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699306282","repostId":1173470611,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":699957083,"gmtCreate":1639742521930,"gmtModify":1639742522252,"author":{"id":"3561534918172425","authorId":"3561534918172425","name":"Jrrr92","avatar":"https://static.tigerbbs.com/3713f77c17599af04b8943281769ec65","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Kk","listText":"Kk","text":"Kk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699957083","repostId":1173470611,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":699954413,"gmtCreate":1639742510737,"gmtModify":1639742511160,"author":{"id":"3584779133668268","authorId":"3584779133668268","name":"NPC69","avatar":"https://static.tigerbbs.com/47e7ac55312ae8dd1c9e7cb92adad089","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/699954413","repostId":1173470611,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7035363,"gmtCreate":1639833028732,"gmtModify":1639833028767,"authorId":3584779133668268,"author":{"id":3584779133668268,"authorId":3584779133668268,"name":"NPC69","avatar":"https://static.tigerbbs.com/47e7ac55312ae8dd1c9e7cb92adad089","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":699954413,"type":1,"supId":0,"prevId":0,"content":"<u>K</u>","text":"<u>K</u>","html":"<u>K</u>"}],"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":25,"commentSize":4,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.25.1","shortVersion":"4.25.1","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1173470611"}