Ramsay Health Care Investments Pty Ltd (ASX:RHC) announced that it had completed the agreement with the State of Queensland. Under this agreement, RHC will maintain full staff capacity at its facilities and provide its services to the State, amid coronavirus pandemic.
In return, RHC will get net recoverable expenses for the provided services. The Company also mentioned that it is in discussions with other states such as Western Australia and NSW to finalise their agreements.
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There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
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