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Healius Announces Regarding Rejection of Non-Binding Indication of Interest

07 Jan 2019  |  09:42:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Rejection of Non-Binding Indication of Interest

Healius announced that it refers to its ASX announcement released on 3 January 2019 in relation to the receipt of a non-binding, indicative and highly conditional indication of interest (the Proposal) from Jangho Hong Kong Holdings (Jangho). Having given careful consideration to the Proposal, the Board of the Company unanimously believes that the Proposal is opportunistic and fundamentally undervalues the Company. It has commenced a number of strategic initiatives that are expected to deliver operational improvements, benefits for patients and healthcare professionals alike, and earnings growth over the medium term.

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