South African stock exchange 4 Africa Exchange (4AX) on Friday welcomed the iHealthcare Group of companies, with its securities admitted to the official list by opening of trade at 09:00.
The occasion was marked at 4AX’s offices in Johannesburg, with 4AX and iHealthcare Group representatives in attendance.
The iHealthcare Group of companies is an investment group which is “doctor-owned and doctor-controlled”, and is entirely invested in the healthcare industry.
Through its operating subsidiaries, iHealthcare provides a range of medical equipment, devices and surgicals, as well as pharmaceuticals, to its customers in the ophthalmology market.
The listing is aimed at, besides others, enhancing and/or improving the group’s public profile to further brand awareness; and enhancing and/or improving relations with existing stakeholders such as banks, suppliers, distributors and customers.