Market View: OUE Healthcare proposes to delist Healthway Medical; Boost in OCBC’s ASEAN-Greater China growth plans to add S$3b in revenue by 2025; Asia’s factory activity slump; Asian refiners expecting Saudi Arabia to lower crude prices in August; Apple reportedly cutting production forecasts for Vision Pro headsets after US$3t valuation

Your Way Home with Hongbin Jeong · Jul 3, 2023 · 16m

Singapore stocks started the week in positive territory, after markets in the US and Europe closed higher on Friday. In early trade, the Straits Times Index (STI) rose 0.2 per cent to 3,212.63 points after 64.8 million securities changed hands. In terms of companies to watch for today, we have OUE Healthcare and Healthway Medical. That’s as OUE Healthcare proposed to delist Healthway Medical via a conditional exit offer at S$0.048 per offer share in cash. Elsewhere, all eyes on a slew of economic data including data points on Singapore’s private home prices, Asia’s factory activity. Also in…