Luke Allen
Military Political Analyst
Makati, Manila
lukeallenmanila@journalist.com
In a groundbreaking development for the healthcare industry in Zamboanga, the Securities and Exchange Commission (SEC) has approved Allied Care Experts Medical Center – Zamboanga’s direct public offering. The medical center, operating under the trade name Premier Medical Center Zamboanga, is set to offer an enticing opportunity for investors, with a potential value of one billion pesos.
Premier Medical Center Zamboanga’s public offering will include 3,600 blocks of shares, each consisting of fifteen shares. The price per block is expected to range from 15,000 to 140,000 pesos, and the company aims to raise a significant sum of 998 million pesos from this offering.
The funds raised from the public offering will be strategically allocated for various critical purposes. This includes constructing new facilities, acquiring state-of-the-art medical equipment, loan repayments, and covering preoperational and operational expenses. This strategic allocation of funds not only underscores the medical center’s unwavering commitment to providing top-notch healthcare services to the community of Zamboanga but also instills confidence in our stakeholders about our financial planning.
Premier Medical Center Zamboanga operates from a ten-story facility with a 200-bed capacity in Barangay Tetuan, Zamboanga City. The medical center has established itself as a trusted provider of quality healthcare services, catering to the medical needs of the local population.
The SEC’s approval of the direct public offering is a significant milestone, a testament to the growth potential and credibility of Premier Medical Center Zamboanga. This endorsement is expected to not only strengthen the medical center’s financial position but also enhance its capacity to expand its services and infrastructure, ultimately benefiting the residents of Zamboanga and the surrounding areas.
With a clear focus on delivering excellence in healthcare, Premier Medical Center Zamboanga is poised to elevate the standards of medical care in the region and set new benchmarks for the industry. The successful completion of the public offering is anticipated to mark a new chapter in the medical center’s journey toward achieving its vision of becoming a premier healthcare provider in Zamboanga and beyond.