OUE Healthcare Limited announced that Browny Healthcare Pte. Ltd. will sell its entire 19.32% stake, amounting to 858,412,248 ordinary shares, to Treasure International Holdings Pte. Ltd., a wholly owned subsidiary of OUE Limited, under a share purchase agreement.

The transaction is scheduled to close on Dec, 24 2025, after which OUE Limited will own about 89.68% of OUE Healthcare’s issued share capital, and Browny Healthcare will cease to be a shareholder.

Upon completion, the existing memorandum of understanding that granted investor-protection rights to Browny Healthcare will terminate, and Browny-nominated director Takeshi Seo will resign from the board.

The company said the cessation of the MOU is not expected to materially affect its net tangible assets per share or earnings per share for the financial year ending Dec, 31 2025.

OUE Healthcare advised shareholders and potential investors to exercise caution when trading its shares and said it will provide further updates as material developments arise.