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Oceania Healthcare ( (AU:OCA) ) has issued an update.
Oceania Healthcare has expressed support for the proposed changes to the Retirement Villages Act 2003, which aim to bring clarity and certainty to residents, their families, and operators. The company already complies with the proposed regulations, including buying back properties within 12 months and offering financial benefits to residents, highlighting its commitment to resident welfare.
More about Oceania Healthcare
Oceania Healthcare operates in the healthcare industry, focusing on providing retirement village services. The company offers villas, apartments, and care suites, emphasizing resident support and well-being.
Average Trading Volume: 8,636
Technical Sentiment Signal: Buy
Current Market Cap: A$541.5M
Learn more about OCA stock on TipRanks’ Stock Analysis page.