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Fiso Group Ltd Preferred Bidder for Pacific Health Services

Published: Wed 21 Nov 2018 07:07 PM
Fiso Group Ltd Preferred Bidder for Pacific Health Services Porirua
The Fiso Group Limited has been selected as the preferred bidder to take over the business operation and acquire the assets of the Pacific Health Services Porirua Inc.
Chair of incorporated society Pastor Terence Tauira Maka says the Board has had concerns regarding its ability to continue to deliver health services to the Pasifika community on a sustainable basis.
“As a result, the board engaged BDO, chartered accountants, to reach out to other organisations known to the society that might be willing to take over the future delivery of the services,” says Pastor Maka.
“That process identified several strong bidders and after careful consideration the board is pleased to announce that the Fiso Group Limited has been selected as the preferred bidder to acquire the assets and undertaking of the Society’s health services business,” he says.
The parties will now undergo a due diligence process, with a view to reaching a binding agreement which will eventually result in Fiso Group Limited taking over responsibility for the delivery of health services to the Pasifika community on a sustainable basis into the future.
In the meantime, the Society will continue to provide health services from its Cannons Creek clinic in Porirua.
ENDS

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