What are the benefits of investing in RDA for RUPHA members?
By investing in RDA, RUPHA members become shareholders of Kenya's newest healthcare Group Purchasing Organization, established by RUPHA. RUPHA boasts a membership of over 350 healthcare facilities across 43 out of 47 counties in Kenya. Members collectively purchase health products and technologies (HPTs) worth Kshs. 2 billion annually as of 2023. With the potential to reach a membership of 1,500 health facilities and a HPT expenditure of approximately Kshs. 9.8 billion per year, RDA shareholders will enjoy discounts on HPTs, market insights, training, and the opportunity to earn dividends when declared by the company..
How can I participate in the investment opportunity?
To participate, please send an email to info@rda.co.ke indicating the amount you would like to invest in RDA.
What is the minimum and maximum number of shares I can purchase?
RUPHA members can purchase a minimum of 40,000 shares valued at Kshs. 200,000 and a maximum of 1,000,000 shares valued at Kshs. 5,000,000.
What is the value of each share?
Each share in RDA is valued at Kshs. 5.
Can I make partial payments for my shares?
Yes, members can make payments for their shares in up to 5 installments.
When does the Share Purchase offer close?
The Share Purchase offer closes on 30th September 2023.
How do I indicate the number of shares I want to purchase?
To indicate the number of shares you wish to purchase, please send an email to info@rda.co.ke.
Where do I make payments for my shares?
Payments can be made by direct deposit to the following RUPHA bank account, and deposit slips should be emailed to info@rda.co.ke: Account Name: Rural Private Hospitals Association Bank Account No.: 1760281362990 Bank: Equity Bank, Gateway Mall Branch
Can I make payments through MPESA? If so, what are the details?
Yes, payments can also be made through MPESA transfer using the following details: Paybill No.: 247247 Account No.: 1760281362990
What are the benefits of being a shareholder in RDA?
RUPHA members who purchase shares in RDA will be awarded "Full Membership" status, granting them full access to RDA's portfolio of contracts and negotiated pricing. Additionally, full members will be eligible for dividend payouts when declared by RDA.
How will the funds raised from this investment be utilized?
The funds raised will be used to negotiate contracts with suppliers, purchase inventory, establish RDA's operations such as warehousing, company offices, ICT infrastructure, hire personnel in administration, accounting, procurement, ICT support, marketing, and publicize RDA to attract new members.
What happens if I want to sell my shares in the future?
The Shareholders Agreement provides a procedure for the future sale of shares by subscribers, ensuring the protection of your investment and the rights of all shareholders.
Will there be regular updates provided to shareholders?
The company will provide regular updates to shareholders through their registered address, including information on the performance of their investment and updates on the company's current activities and future plans.
As a Group Purchasing Organization, will there be different types of Membership to RDA?
RDA will have 3 types of Membership namely Full Membership - For RUPHA members who also own RDA shares Affliate Membership - For RUPHA members who do not own RDA shares. Limited Membership - Open to Non-RUPHA members who wish to access limited services.
Can I make payments through MPESA? If so, what are the details?
Yes, payments can also be made through MPESA transfer using the following details: Paybill No.: 247247 Account No.: 1760281362990