Oceania Healthcare Reinforces Growth and Risk Management

Oceania Healthcare Ltd. (AU:OCA) has released an update.

Oceania Healthcare Ltd., in its Annual Shareholders Meeting, highlighted the company’s decision to forgo a final dividend to prioritize investment in growth and portfolio transformation, while maintaining a strong capital management stance with over $100 million in headroom on debt facilities. The company also addressed industry regulatory reviews and affirmed its commitment to high standards in service and fair contracting practices amidst scrutiny. Furthermore, Oceania is enhancing its risk management strategies to tackle emerging challenges like climate change and cyber-threats, ensuring the safety of its residents and staff.

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