Promisia Healthcare (NZE:PHL) appointed Graeme Dodd as chief operating officer effective June 9, according to a Monday New Zealand bourse filing.
The firm secured approval from Health New Zealand-Te Whatu Ora for the operation of a 20-bed dementia care wing at its Nelson Street facility, including the conversion of current unoccupied rest home beds into dedicated dementia care beds.
A clinical audit at the facility for formal certification is scheduled for early May.
Its shares jumped 6% in recent trading on Monday.
Price (NZD): $0.35, Change: $+0.020, Percent Change: +6.06%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.