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Eye of Riyadh
Business & Money | Sunday 21 April, 2024 10:42 am |

PureHealth Holding appoints Q Market Makers LLC as liquidity provider

PureHealth Holding PJSC (PureHealth), the largest integrated healthcare network in the Middle East, is pleased to announce its collaboration with Q Market Makers LLC (QMM), who has been appointed as its liquidity provider. This partnership underscores PureHealth’s commitment to enhancing its market standing and ensuring a liquid and credible trading environment for its shares on the Abu Dhabi Securities Exchange (ADX).


Shaista Asif, Group Chief Executive Officer of PureHealth, said, “The appointment of QMM as our liquidity provider aligns with our strategic goals to ensure market stability and support shareholder value. We remain committed to prioritising and maintaining sustainable growth and operational excellence. A robust, liquid listing is key to improving our market performance and building investor trust. We look forward to working with QMM to navigate dynamic markets and deliver exceptional value to our stakeholders.”


In response to the collaboration, Magdi Shannon, Chief Executive Officer of QMM expressed, “We are proud to have been selected as the liquidity provider for PureHealth. Our expertise in liquidity provision will bring substantial benefits to PureHealth, enhancing the tradeability of their shares, reducing volatility, and improving price discovery. This collaboration will ultimately support PureHealth in achieving its financial and strategic objectives.”


The appointment of QMM as a liquidity provider is a testament to PureHealth’s proactive stance in maintaining a dynamic and efficient market presence, aiming to foster a favourable trading environment and solidify investor confidence.


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