Drug Houses of Australia (DHA) was originally established in 1936 [1] as an amalgamation of seven Australian pharmaceutical companies, notably A. M. Bickford & Sons. In 1970, DHA was taken over by the British bank Slater Walker. [1]
Australia, officially the Commonwealth of Australia, is a sovereign country comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands. It is the largest country in Oceania and the world's sixth-largest country by total area. The neighbouring countries are Papua New Guinea, Indonesia, and East Timor to the north; the Solomon Islands and Vanuatu to the north-east; and New Zealand to the south-east. The population of 26 million is highly urbanised and heavily concentrated on the eastern seaboard. Australia's capital is Canberra, and its largest city is Sydney. The country's other major metropolitan areas are Melbourne, Brisbane, Perth, and Adelaide.
A. M. Bickford and Sons was one of the first manufacturing chemists in South Australia and until 1930 one of the State's most significant family owned companies. In 1930, they amalgamated with half a dozen other similar Australian companies to form "Drug Houses of Australia" (DHA), which very successfully continued to produce the "A. M. Bickford and Sons" products: the "drugs" and "chemicals" under the DHA brand; the cordials and soft drinks under the "A. M. Bickford and Sons" brand.
Slater Walker was a British industrial conglomerate turned bank, specialising in corporate raids that got into financial difficulties in the 1970s. It shook the British banking system at the time, and had to be bailed out by the Bank of England after it was unable to refinance its debt during the secondary banking crisis of 1973–75, forcing its founder Jim Slater to quit.
Drug Houses of Australia is now a leading generic pharmaceutics and Chinese proprietary medicine (CPM) manufacturer based in Jurong, Singapore.
Jurong is a geographical region located at the south-westernmost point of the West Region of Singapore. Although mostly vaguely defined, the region's extent roughly covers the planning areas of Jurong East, Jurong West, Boon Lay, and Pioneer, along with Jurong Island in the Western Islands cluster and the southernmost portions of the Western Water Catchment. Should it be described at its greatest historical extent, the region can also include present-day Bukit Batok and Tuas as well. Jurong also covers several offshore islands as well, including Pulau Damar Laut and Pulau Samulun, both of which are located within the planning areas of Jurong East and Boon Lay respectively; along with the aforementioned Jurong Island. The coastline of the region on mainland Singapore, faces the strait of Selat Jurong, while the southernmost island of the region, Jurong Island, faces the strait of Selat Pandan.
Singapore, officially the Republic of Singapore, is a sovereign island city-state in Southeast Asia. The country is situated one degree north of the equator, at the southern tip of the Malay Peninsula, with Indonesia's Riau Islands to the south and Peninsular Malaysia to the north. Singapore's territory consists of one main island along with 62 other islets. Since independence, extensive land reclamation has increased its total size by 23%.
It was sold to Strides Arcolab through a share purchase agreement with Haw Par Healthcare Limited, Singapore in September 2006 for approximately SGD$19.7 million.
Haw Par Corporation Limited is a Singapore-based company involved in healthcare, leisure products, property and investment. It is the company responsible for Tiger Balm branded liniment (ointment). Its brands also included Kwan Loong and it also owns and operates weekend and leisure time destinations such as oceanariums.
It is currently a part of Strides Arcolab which is listed on both the Indian stock exchanges Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
India, officially the Republic of India, is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia.
The Bombay Stock Exchange (BSE) is an Indian stock exchange located at Dalal Street, Mumbai.
The National Stock Exchange of India Limited (NSE) is the leading stock exchange of India, located in Mumbai. The NSE was established in 1992 as the first demutualized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country. Vikram Limaye is Managing Director & Chief Executive Officer of NSE.
