Pharmacy Daily | New HIP investors revealed

THE ‘sophisticated investors’ who have taken a stake in the owner of the Health Information Pharmacy franchise group (PD 06 May) have been revealed as stockbroker Jason Davis and chartered accountant Tony Ince. Both were named as new directors of Health Corporation on Friday, and Davis was confirmed as holding 1.92 million shares in the company. The new investors are supporting the company through a heavily discounted capital raising in which Health Corporation is seeking about $250,000 in working capital. Earlier this month the company said the funds raised would be prioritised for the “continued development of the chemconsult pharmacy medication consulting business” as well as “evaluation of new business opportunities”. Davis is described as an “active investor in early stage companies” and is also a non-executive director of Success Resources Global Limited - best known for running seminars featuring motivational speakers such as Anthony Robbins and Zig Ziglar. Ince is a director at PKF Accountants in Western Australia, and is also described as a director of Surfing WA “having served on various boards over the years”.

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