Japara Healthcare Limited(ASX:JHC) dropped from S&P/ASX Emerging Companies Index

Japara Healthcare Limited is an Australia-based residential aged care and retirement living provider. The Company cares for approximately 4,000 residents across 50 homes located in Victoria, New South Wales, Queensland, South Australia and Tasmania. The Company also operates five retirement villages consisting of approximately 180 independent living units (ILUs) located adjacent to five of its residential care homes. Its ILUs have fully-equipped kitchens and separate living areas and also offers additional services, such as cleaning, gardening, care services and meals. It also offers dementia support to residents.