ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
Feb 05, 2021 17:28 JST
Source:
JBM (Healthcare) Limited
JBM (Healthcare) Limited Debuts on The Main Board of SEHK
HONG KONG, Feb 05, 2021 - (ACN Newswire) - JBM (Healthcare) Limited ("JBM Healthcare" or "Company", together with its subsidiaries, the "Group"), a Hong Kong-based company that markets and distributes branded healthcare products across Greater China, Southeast Asia and certain other countries, started trading today on the Main Board of The Stock Exchange of Hong Kong Limited ("SEHK") under stock code 2161.
JBM Healthcare's diversified brand portfolio comprises a total of 20 principal brands, including 11 third-party brands and 9 own brands.
As a subsidiary of Jacobson Pharma Corporation Limited ("Jacobson Pharma"; Stock Code: 2633), JBM Healthcare is a unique field player with drug expertise and ethical heritage that prioritises product efficacy and quality to meet consumers' healthcare needs. As a leading healthcare brand operator in Hong Kong, the Group carried a total of 20 principal brands, including 11 third-party brands and 9 own brands covering both OTC proprietary medicines and OTC proprietary Chinese medicines. Upon completion of the public listing, Jacobson Pharma continues to indirectly hold over 50% equity interest in JBM Healthcare and JBM Healthcare remains as a subsidiary of Jacobson Pharma.
Further to the successful listing, the Group will aim at expanding its product offerings and deepening product penetration in China through cross-border e-commerce initiatives as a result of the rapid growth of the PRC cross-border e-commerce market, as well as the rising demand for overseas healthcare products along with an increasingly structured and formalized cross-border e-commerce channel in the PRC market. Simultaneously, the Group will also further expand its portfolio through organic growth and mergers and acquisitions to maintain its competitive position and ensure its future growth and success.
Leveraging the Group's established local business relationships and networks, JBM Healthcare targets to develop a branded healthcare product sourcing and distribution platform in Asia through the integration of its regional resources and foothold, strengthening and expanding its geographical reach in Southeast Asia. In addition, backed by its extensive market base in Hong Kong, the Group is well poised to unleash the sales and distribution potential of its Chinese medicine practitioner network.
The net proceeds from the Public Offer amounted to approximately HK$10.6 million. The Group will allocate 47.2% of the proceeds to fund portfolio development and brand management of proprietary Chinese medicines; while 43.4% will be used to pay for the obtaining of additional distribution rights from third-party brand owners, as part of the strategy to grow its third-party brand product portfolio. The remaining 9.4 % will be used to supplement working capital and for general corporate purposes.
About JBM (Healthcare) Limited (Stock Code: 2161)
JBM Healthcare is a Hong Kong-based company that markets and distributes branded healthcare products with a product footprint across Greater China, Southeast Asia and certain other countries. As a leading healthcare brand operator in Hong Kong, JBM Healthcare carries a portfolio of a wide range of branded healthcare products, comprising branded medicines, health and wellness products and proprietary Chinese medicines. For more details about JBM Healthcare, please visit: www.jbmhealthcare.com.hk
For media enquiries, please contact:
Strategic Financial Relations Limited
Vicky Lee Tel: (852) 2864 4834 Email:
vicky.lee@sprg.com.hk
Stephanie Liu Tel: (852) 2864 4852 Email:
stephanie.liu@sprg.com.hk
Adrianna Lau Tel: (852) 2114 4987 Email:
adrianna.lau@sprg.com.hk
Fax: (852) 2527 1196
Source: JBM (Healthcare) Limited
Sectors: Daily Finance, Daily News, Healthcare & Pharm
Copyright ©2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Latest Release
Valuufy partners with Mainichi Future Creation Lab, Supporting New Approaches to Business Sustainability
Jul 02, 2025 12:00 JST
Multi-purpose Arena in Odaiba Aomi Area TOYOTA ARENA TOKYO Construction Completed
Jul 01, 2025 22:56 JST
1Finity, a Fujitsu company, commences operations and reveals brand identity
Jul 01, 2025 22:53 JST
MHI Thermal Systems Begins Field Test of Jointly Developed "Surplus Renewable Energy Absorption and Release System"
Jul 01, 2025 22:40 JST
Japan's Telecommunications Carriers Strengthen Disaster Response Through Collaborative Information Sharing
Jul 01, 2025 22:30 JST
JCB and Mandai Wildlife Group Deepen Partnership with exclusive discounts for JCB cardmembers
Jul 01, 2025 16:00 JST
Fujitsu provides Japan's first AI-powered cloud-based library search service
Jul 01, 2025 11:30 JST
JCB Brings Apple Pay to Cardmembers in Vietnam
Jul 01, 2025 11:15 JST
First Shipment of LNG from the LNG Canada Project
Jul 01, 2025 11:00 JST
Approval in Principle (AiP) for World's First LCO2 / Methanol Carrier
Jun 30, 2025 20:30 JST
Acropolis Rally Greece: Day 4 Sunday success and second overall for TOYOTA GAZOO Racing's Ogier
Jun 30, 2025 20:15 JST
Mitsubishi Fuso-Hino Merger: 4 Firms Collaborate for the Future of Commercial Vehicles
Jun 30, 2025 20:10 JST
Six Companies Establish BlueRebirth Council to Expand Use of Recycled Materials in New Vehicles
Jun 30, 2025 19:25 JST
Honda Changes Plan to Build New Production Plant for Next-generation Fuel Cell Module in Japan
Jun 30, 2025 19:20 JST
MHI-AC&R Receives Recommendation Award of JARAC's 42nd Excellent Energy Saving Equipment Awards
Jun 30, 2025 19:00 JST
The University of Osaka and Fujitsu Japan launch joint research on AI-powered education support for culturally and linguistically diverse children in Japan
Jun 30, 2025 12:00 JST
JCB has launched contactless subway payment services in Shanghai and Beijing, marking the first such service in mainland China
Jun 30, 2025 12:00 JST
Honda Opens "Honda Software Studio Osaka" as New Software Development Operation
Jun 26, 2025 13:30 JST
Honda Issues "Honda ESG Report 2025"
Jun 26, 2025 13:29 JST
Fujitsu's Uvance Wayfinders consulting empowers customers to evolve business foundations leveraging data and AI
Jun 26, 2025 11:00 JST
More Latest Release >>
Related Release
JBM Healthcare Delivers Strong FY2025 Annual Results, Net Profit Surged 51.2% to HK$197.3 Million
June 12 2025 21:07 JST
JBM Healthcare Completes Acquisition of 90% Interest in Tin Hee Tong
April 03 2025 17:30 JST
JBM Healthcare Announces FY2025 Interim Results
November 19 2024 20:51 JST
JBM Healthcare Issues Positive Profit Alert
November 04 2024 15:00 JST
JBM Healthcare Announces FY2024 Annual Results
June 18 2024 19:00 JST
JBM Healthcare Issues Positive Profit Alert
May 05 2024 11:00 JST
JBM Healthcare Announces FY2024 Interim Results
November 22 2023 19:50 JST
JBM Healthcare Announces FY2023 Annual Results
June 15 2023 23:40 JST
JBM Healthcare Announces FY2023 Interim Results
November 25 2022 23:25 JST
Ban Loong, Jacobson & JBM Form Joint Venture to Tap Specialty Drugs and Branded Healthcare Markets in Greater China and Asia
June 15 2022 19:56 JST
More Press release >>