Ryman Healthcate Ltd

Company Overview Company Profile and Short History Ryman Healthcare special is a public smart set listed on the advanced Zealand persuade Exchange with 500 million shares on issue. Ryman Healthcare contain was established in 1984, with clear objective to become the track provider of healthcare facilities for the elderly in late Zealand. The company and its subsidiaries engage in the development, ownership, and operation of solitude villages, resthomes, and hospitals for the elderly. It also operates main(a) and serviced apartments. Rymans customer base is those aged between 75 and 84, which is the sector of the elderly care industry experiencing the most outstanding population growth. The company has operations in Invercargill, Dunedin, Christchurch, Wellington, Lower Hutt, Napier, Hamilton, and Auckland. The furnish is in Christchurch, New Zealand. Currently the company operates 17 privacy villages nationwide, employs over 1,500 staff members and provides services to over 3,000 residents throughout New Zealand. Ryman is a six cartridge clips winner of the Australasian fourth-year Care Housing Awards for best retirement village in New Zealand.

Rymans activities were originally confined to the South Island of New Zealand until an injection of NZ$15m in February 1997 by Direct Capital and Ngai Tahu Equities Ltd, which allowed Ryman to hold out into the North Island and commence development of two new retirement village complexes. The expansion led to Ryman more than doubling its later tax profit to NZ$6.2m for the March 1999 financial year. Ryman raised NZ$25m by way of an IPO in July 1999 to expand its operations in the North Island, listing on the New Zealand Exchange (NZX). From that time Ryman Healthcare has continued to expand strongly and has been one of the strongest performers on the NZX in recent years. Market Statistics Table 1, As at 13/9/07 Market Cap ($)Market Price Current52 week H52 week L RYM1,000,0002.002.751.68 Ryman Healthcare... If you want to breed a full essay, order it on our website: Ordercustompaper.com

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