RH Bophelo lists on JSE, aims to increase access to healthcare
JSE CEO Nicky Newton-King, RH Bophelo CEO Quinton Zunga, RH Bophelo chairperson John Oliphant and Third Way Investment Partners CEO Fulu Makwetla.
Black-owned investment company RH Bophelo on Wednesday listed on the JSE as a special purpose acquisition company (SPAC).
The company aims to increase access to quality healthcare among people in the lower to middle income brackets who cannot afford private healthcare as it is currently structured in South Africa.
To achieve this, the company will invest in hospitals that are already in operation, brownfield projects where licences to operate are already in place and in other healthcare funds and related subsectors.
“All South Africans, regardless of their income status, have a right to quality healthcare services. We are proud that, as the JSE, we can play a part in ensuring this right through offering a well-regulated and liquid market where RH Bophelo can raise the necessary capital to realise its goals,” said JSE head of primary markets Prejelin Naggan.
“RH Bophelo will further provide investors with access to a highly sought after asset class associated with high growth, cash generative returns and direct real asset exposure to the defensive healthcare sector,” added RH Bophelo CEO Quinton Zunga.
This is the ninth listing on the JSE this year and RH Bophelo is the eighth SPAC to list since introduction of SPACs in 2013.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation