New takeover offer for Vision

Vision has received a more generous takeover bid from a Chinese manufacturing firm.

We have no idea what a Chinese interior decoration and wall manufacturer wants with Australian ophthalmology network Vision Eye Institute, but the truth is we don’t really care. Jangho Group has made an all-cash takeover offer of $1.10 per share for Vision. Jangho already owns a 20% stake in the company, which it purchased from Primary Health Care for 94 cents per share earlier this month (see Primary sells Vision stake).

Being all cash and materially higher, the Jangho offer is far superior to Pulse Health’s takeover bid for Vision, which is an all-share consideration of 1.6 shares in Pulse for every Vision share (an equivalent value of 88 cents).



{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles