Burjeel Holdings Chairman Discusses IPO Plans

The transcript discusses the company's growth since 2007 and its decision to go public to strengthen its balance sheet and scale-up plans. The company has chosen a local listing due to strong interest from local markets and strategic partnerships. Capital raised will be used for expansion, focusing on complex care and new markets like Saudi Arabia. The company emphasizes affordable care through efficiency and scale, aiming to maintain low costs while providing high-quality healthcare services.

What was the main reason for the company to go public?

• To diversify their product offerings

• To increase their market share

• To strengthen the balance sheet and scale up

• To enter international markets

What percentage of the company is going to the public in the IPO?

• 26%

• 15%

• 11%

• 30%

Why did the company choose a local offering instead of an international one?

• Due to lack of international interest

• To focus on digital transformation

• To avoid regulatory hurdles

• Because of strong local market interest and strategic partnership

What was the impact of the IHC deal on the company's debt?

• It significantly reduced the debt

• It had no impact on the debt

• It doubled the debt

• It increased the debt

What is the company's immediate priority in terms of capital deployment?

• Building new hospitals in Dubai

• Scaling up operations in Abu Dhabi and expanding into Saudi Arabia

• Investing in digital healthcare solutions

• Acquiring smaller healthcare companies

What unique approach is the company taking in Saudi Arabia?

• Offering digital healthcare services

• Building secondary care hospitals

• Focusing on primary care services

• Repurposing underutilized assets for complex care

How does the company plan to keep healthcare costs affordable?

• By increasing the number of services offered

• By reducing the quality of care

• Through scale and efficiency

• By outsourcing services to cheaper providers