Key Transaction Details

  • BIL Healthtech Private Limited, a wholly-owned subsidiary of Avio Smart Market Stack Limited, incorporated AVIO Healthcare Corporation in the Republic of the Philippines
  • Date of incorporation: August 12, 2026 (Certificate of Incorporation issued by the Philippine Securities and Exchange Commission)
  • BIL Healthtech subscribed to 22,747 equity shares out of 32,500 total subscribed equity shares
  • Subscription amount: PHP 2,274,700 (PHP 100 per share)
  • Shareholding percentage: 69.99% of the subscribed equity share capital
  • Mode of consideration: Cash subscription (amount committed but not remitted as of disclosure date)

Entity Information

  • Name: AVIO Healthcare Corporation
  • Country of incorporation: Republic of the Philippines
  • Registered address: Doña Angelita Building, Aniceto Gueco St., Pulung Maragul, Angeles City, Pampanga, Region III (Central Luzon), Philippines, 2009
  • Industry: Importing, exporting, buying, selling, distributing, marketing, supplying and wholesale dealing in medical equipment, medical devices, diagnostic and laboratory test kits, medicines, pharmaceutical products, hospital and healthcare supplies, and related services
  • Foreign equity: 99.993% foreign equity

Capital Structure

  • Authorized capital: PHP 13,000,000 divided into 130,000 common voting shares of PHP 100 each
  • Subscribed capital as on incorporation: PHP 3,250,000 (32,500 shares of PHP 100 each)

Business Rationale

AVIO Healthcare Corporation was incorporated to undertake the business of importing, exporting, buying, selling, distributing, marketing, supplying and dealing at wholesale in medical equipment, medical devices, diagnostic and laboratory test kits, medicines, pharmaceutical products, hospital and healthcare supplies and other related medical and healthcare products, and to provide related services, including participation in government and private healthcare projects.

Corporate Background

AVIO Healthcare Corporation is a newly incorporated stock corporation under the Revised Corporation Code of the Philippines and the Foreign Investments Act of 1991 (R.A. No. 7042, as amended), with no prior trading history.

Effective Relationship

AVIO Healthcare Corporation becomes a step-down subsidiary of Avio Smart Market Stack Limited by virtue of being a subsidiary of BIL Healthtech Private Limited, which is a wholly owned subsidiary of the Company.