OUE Lippo Healthcare Limited (Catalist:5WA) entered into a sale and purchase agreement to acquire Lippo Health Care Limited from Lippo Investments Limited for HKD 14.6 million on November 7, 2017. OUE Lippo Healthcare Limited will acquire shares for HKD 7.8 and loan for HKD 14.78 million. OUE Lippo Healthcare Limited will fund the process from internal resources. As of October 31, 2017, Lippo Health Care Limited had net liabilities of HKD 15.9 million. The transaction is expected to close on or before January 2, 2018. OUE Lippo Healthcare Limited (Catalist:5WA) completed the acquisition of Lippo Health Care Limited from Lippo Investments Limited on January 2, 2018.