Promisia Integrative Limited (NZX: PIL) has entered into an extension agreement to acquire aged care facilities from the Brankin Family Trust. The company has revised its earlier approaches to banks for debt funding and is now collecting new information packages for those banks.
The company has decided to set the completion date once the funding is secured and it will update the market with further developments.
Promisia Integrative Limited is a company concentrating on marketing and developing distinctive natural therapeutic products with recognized safety and efficacy based on robust research. Its goal is to combine scientific methodology and validity to a sector that is often considered to be unscientific.