Paragon Care Limited (AU:PGC) has released an update.
Paragon Care Limited has successfully completed its merger with CH2 Holdings Pty Limited, significantly transforming its business to become a leading healthcare wholesaler, distributor, and manufacturer in the Asia Pacific region. The merger resulted in substantial changes to the company’s board, with David Collins becoming the new CEO and Peter Lacaze appointed as the chairman. Shareholders of CH2, including the Lacaze and Collins Millar Family Trusts, received over 943 million ordinary shares in Paragon.
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