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Image Plus Consultants to list on Jamaica Stock Exchange

Image Plus Consultants, which trades as Apex Radiology, is looking to list on the Jamaica Stock Exchange via an initial public offer.
 
The company plans to raise up to $495.8 million on the JSE's Junior Market.
 
Of the 247.8 million shares on offer, being sold at $2.00 each, only 182.8 million are being sold to the general public.
 
The remaining shares are reserved for special groups, including key shareholders and employees.
 
Investors in Image Plus will have to buy a minimum 5,000 shares, with multiples of 100 thereafter.
 
The offer is to run from December 28 to January 11.
 
Image Plus Consultants plans to use the funds for growth, by acquiring property, particularly in Kingston, to relocate its largest operations and expand offerings.
 
The company is also looking to procure new bio-medical equipment to offer additional diagnostic services at its OchoRios location.
 
JMMB is the lead broker for the deal.


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