Report
Chris Kallos, CFA
EUR 147.86 For Business Accounts Only

ASIC Serves Primary Health Care CEO with Local Court Notice; Maintaining AUD 4.50 FVE

No-moat Primary Health Care has announced its CEO Peter Gregg has been served with a local court attendance notice by the Australian Securities and Investments Commission, or ASIC. The regulator is alleging two contraventions of Section 1307 (1) of the Corporations Act during Mr Gregg's time as an officer of construction firm Leighton Holdings Limited—allegations he is denying.
The development follows an investigation by ASIC that was previously flagged by Primary in April 2016. This is potentia...
Underlying
Healius

Primary Health Care is a medical center operator engaged in providing diagnostic imaging services and pathology services. Co. operates three principal operating segments: Medical Centres, which provides a range of services and facilities to general practitioners, specialists and other health care providers; Pathology, which provides pathology services; and Imaging, which provides imaging and scanning services from stand-alone imaging sites and from within the consolidated entity's medical centres.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Chris Kallos, CFA

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