UPDATE: Oceania Healthcare climbs 3.8% in NZX debt

Fri, 05 May 2017

(Recasts and updates to add detail and comment from the chief executive throughout, broker comment in paragraph four) By Rebecca Howard May 5 (BusinessDesk) - Funds raised by Oceania Healthcare will be used to develop its existing land bank but the company is open to new sites down the track, both in New Zealand and potentially in Australia, its chief executive said after its shares debuted at 82 cents, 3.8 percent higher than the offer price of 79 cents in the NZX's first listing of the year. “We were expecting to see a bit of a lif...

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