The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Healthia (HLA) has entered into agreements to purchase The Eyecare Place, an optical store located in Abbotsford, Victoria
  • The company will purchase the store in a cash-and-scrip deal worth $620,000
  • Settlement is conditional upon assignment of the property leased to Healthia and other customary conditions
  • Additionally, Healthia has also completed the purchase of Bernie Lanigan Optometrist, an optical store located in Townsville, Queensland
  • On the market today, Healthia is trading in the grey at $1.76 per share

Healthia (HLA) has entered into agreements to purchase The Eyecare Place, an optical store located in Abbotsford, Victoria.

The company will purchase the store in a cash-and-script deal worth $620,000.

The Eyecare Place was founded in 2010 and is located in the Hive Shopping Centre, a community shopping centre in Abbotsford, Victoria, which is anchored by major retailers.

Settlement is conditional upon assignment of the property leased to Healthia and other customary conditions.

Additionally, Healthia has also completed the purchase of Bernie Lanigan Optometrist, an optical store located in Townsville, Queensland.

For over 42 years Bernie Lanigan has been providing professional eyecare and eyewear to the Townsville community.

Earlier this year, Healthia agreed to purchase Sandringham Sports Physio in Victoria for $1.5 million.

Sandringham is a physiotherapy clinic that provides services to the Sandringham and Bayside community.

On the market today, Healthia is trading in the grey at $1.76 per share at 12:22 pm AEST.

HLA by the numbers
More From The Market Online

This stock provides Oz’s only HIV self-test kit – and it’s bullish on the budget

Atomo Diagnostics is the only company in Australia that provides TGA-approved HIV self-test kits. It says…

Recce Pharma heading closer to full efficacy data for flagship R327

Recce Pharma has announced the latest cohort of patients in the company's Phase I/II UTI trial…
The Market Online Video

Breaking barriers in cancer treatment: Race Oncology pioneers a new era with bisantrene

Race Oncology (ASX:RAC) has announced positive results in killing cancer cells in combination with the drug…

Optiscan agreement with Mayo Clinic aims to expedite robotic surgery

Optiscan Imaging is parterning with Mayo Clinic to develop a digital confocal laser endomicroscopic imaging system