UNIGLOVES Nigeria will have a 51% stake in the JVCo while Health Focus and a private unnamed individual investor will have a stake of 34% and 15% respectively.
UG Healthcare’s 75%-owned subsidiary, Uni-Medical Healthcare Limited (UNIGLOVES Nigeria), has incorporated a joint venture (JV) partnership with Health Focus Diagnostics GmbH to set up a medical diagnostic centre in the state of Enugu, Nigeria.
The initial capital of the JV company, Health Focus Diagnostics Nigeria (PTY) Limited, is NGN10 million ($31,000).
