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AfroCentric INTEGRATED ANNUAL REPORT 2016

10

W.B. Holdings (cash shell on the JSE)

Sanlam acquired 28.7% of ACT

Healthcare Assets, a major

subsidiary of AfroCentric

AfroCentric was awarded the

Polmed Scheme contract

AfroCentric acquired 100% of

Pharmacy Direct, 100% of Curasana

and 26% of Activo Health

AfroCentric Health Limited, the largest

operational subsidiary of the Group, repurchased its outstanding

5.9% minority interest. AfroCentric Health Limited became

a private company effective July 2016 and is now called

AfroCentric Health (Pty) Limited (“AHL”)

AfroCentric increased its

shareholding to 94.1% in AHL

AfroCentric is born (80% of share

capital purchased) and listed

on the JSE

AfroCentric purchased the AHL Group (80% shareholding)

AfroCentric acquired the South

African licence of the DBC back and

neck rehabilitation programme

2016

2014

2010

2008

COMPANY HISTORY

A 51% interest in Allegra was acquired by Helios IT Solutions

2012

2009

2005