Description

Advanced Health Limited has been delisted from the Johannesburg Stock Exchange (JSE), with the delisting occurring on September 22, 2023; the company was previously traded under the ticker symbol “AVL” on the JSE. 

  • Reason for delisting: Majority owners of Advanced Health, led by chair Alfred Grillenberger, offered to buy out minority shareholders, leading to the company’s delisting from the JSE. 

Advanced Health Limited is a South Africa-based investment holding company. The Company provides short-procedure surgical facilities and services in day hospitals in South Africa and Australia

Advanced Health strives to be the industry leader in the provision of day surgery services through its network of day hospitals, inspiring confidence by focusing on the delivery of high-quality, cost-effective healthcare. Day hospitals are modern healthcare facilities providing short-procedure surgical services and diagnostic procedures which need to be performed in a sterile environment on a same-day basis. As a result of advanced surgical and anaesthetic technologies, more than 60% of all surgical interventions can be performed on a same-day basis in day hospitals.

Doctors working at Advanced Health facilities are dedicated, ensuring that patients receive the best care possible. The company takes great care in providing doctors with the best technology and service to ensure quality outcomes.

Carl Grillenberger:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Gerhard van Emmenis:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Sinenhlanhla Chonco:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Frans van Hoogstraten:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Philip Jaffe:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Marc Resnik:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Cor van Zyl:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Kgao Legodi:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

 

 

Date Delisted: 22/09/2023

 

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Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Carl

Non Executive
NationalitySouth Africa
82
RoleNED
QualificationB.Comm CA(SA), MBA
Date Appointed: 28/08/2019
Duration:
6 years and 2 months
Independance: Y
Name

Gerhard

Executive
NationalitySouth Africa
63
RoleED
QualificationB.Com (Hons), M.Com, Postgraduate Diploma in Healthcare Management (UK)
Date Appointed: 01/08/2019
Duration:
6 years and 3 months
Independance: Y
Name

Sinenhlanhla

Executive
NationalitySouth Africa
0
RoleDirector
QualificationB.Com (Hons), CA(SA), Postgraduate Diploma in Business Administration
Date Appointed: 01/02/2020
Duration:
5 years and 9 months
Independance: Y
Name

Frans

Non Executive
NationalitySouth Africa
0
RoleNED
QualificationDip. Law (UCT)
Date Appointed: 28/08/2019
Duration:
6 years and 2 months
Independance: Y
Name

Philip

Non Executive
NationalitySouth Africa
0
RoleNED
QualificationB.Com, CA(SA), HDip Tax, CA (Australia)
Date Appointed: 17/04/2014
Duration:
11 years and 6 months
Independance: N
Name

Marc

Executive
NationalitySouth Africa
RoleED
QualificationDip Pharm (SA)
Date Appointed: 14/06/2013
Duration:
12 years and 4 months
Independance: N
Name

Cor

Non Executive
NationalitySouth Africa
RoleNED
QualificationB.Com (Hons), CA(SA)
Date Appointed: 01/09/2016
Duration:
9 years and 2 months
Independance: Y
Name

Kgao

Non Executive
NationalitySouth Africa
RoleNED
QualificationMBCHB (MEDUNSA), FCS (Ophth) Natal SA
Date Appointed:
Duration:
Date not available.
Independance: Date not available.

 

Directors Tenure

Name
Duration
Name

Carl Grillenberger

Duration6 years and 2 months
Name

Gerhard van Emmenis

Duration6 years and 3 months
Name

Sinenhlanhla Chonco

Duration5 years and 9 months
Name

Frans van Hoogstraten

Duration6 years and 2 months
Name

Philip Jaffe

Duration11 years and 6 months
Name

Marc Resnik

Duration12 years and 4 months
Name

Cor van Zyl

Duration9 years and 2 months
Name

Kgao Legodi

DurationDuration not available.

 

Director Experience

Name
Experience
Name

Carl

Experience Financial Services
Name

Gerhard

Experience Healthcare
Name

Sinenhlanhla

Experience Business Services
Name

Frans

Experience Legal
Name

Philip

Experience Financial Services
Name

Marc

Experience Pharmaceutical
Name

Cor

Experience Financial Services
Name

Kgao

Experience Healthcare

 

Company Auditors

Name
Date Appointed
Years
Name

Mazars

Date Appointed01/01/2017
Year8 years and 10 months

 

 

Company Committees

Name

Carl Grillenberger

Mainboard, Audit, Remuneration BD
Name

Gerhard van Emmenis

Mainboard, Audit, Remuneration BD
Name

Sinenhlanhla Chonco

Mainboard, Audit, Remuneration BD
Name

Frans van Hoogstraten

Mainboard, Audit, Remuneration BD, RE, NG
Name

Philip Jaffe

Mainboard, Audit, Remuneration BD
Name

Marc Resnik

Mainboard, Audit, Remuneration BD
Name

Cor van Zyl

Mainboard, Audit, Remuneration BD, AU
Name

Kgao Legodi

Mainboard, Audit, Remuneration BD

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT