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UMediC upbeat on medical device industry
PETALING JAYA: UMediC Group Bhd believes the local medical device industry is poised for growth and development, bolstered by a conducive environment for manufacturing and a mature healthcare system that is globally recognised. Barring unforeseen circumstances,...
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Stock Picks Of The Day – UMediC Group, ECA Integrated Solution
UMediC Group is eyeing to resume its uptrend following a recent pullback as it bounced off the 21-day SMA line yesterday, heading towards the MYR0.72 immediate resistance. RHB Retail Research in a note today (May 16) said if that level is broken, the bullish...
UMediC set to post better results with expansion
PETALING JAYA: Medical device maker UMediC Group Bhd (UMC) is expected to post stronger second half financial year 2024 results on the back of expanded manufacturing capacity and better marketing and distribution segments, according to Phillip Capital...
UMC’s New Production Facility Seen As Fuel For Growth
PhilipCapital says it remains positive on UMC’s growth prospects following a recent update meeting. UMC has relocated its warehouse to the new facility to facilitate the expansion of its cleanroom facilities. The group’s monthly production capacity currently stands at...
UMediC Group Berhad donated 200 trees
We’re delighted to be part of the project plant One Million Tree Planting in One Day in Penang, inconjuction with Earth Day on 22 April 2024. Organised by Penang Governor’s Charity Foundation (Yayasan Amal Tuan Yang Terutama Yang di-Pertua Negeri Pulau Pinang)...
The Edge | 18 April 2024
Bursa approves UMediC’s transfer to Main Market KUALA LUMPUR (April 18): Bursa Malaysia Securities Bhd has approved the transfer of UMediC Group Bhd’s listing status from the ACE Market to the Main Market, under the 'health care' sector. ...
Capacity expansion, diversification to boost UMediC
PETALING JAYA: Robust capacity expansion plans and medical equipment tenders are set to drive UMediC Group Bhd’s (UMC) earnings growth in the near term. Hong Leong Investment Bank Research (HLIB Research) said the medical device maker has relocated its...
New Straits Times | 18 April 2024
KUALA LUMPUR: UMediC (UMC) Group Bhd is well-positioned to expand its manufacturing capacity because of the high demand for its products. Hong Leong Investment Bank (HLIB) Research noted the company's expansion efforts post-completion of its new facility aim to...
Nanyang Siang Pau | 17 April 2024
分析：丰隆投行研究 目标价：0.91令吉 最新进展： 新厂房竣工后，UMediC集团（UMC，0256，创业板）预料可以在今年尾将产能翻倍。 该公司的HydroX预充加湿器系列需求强劲，在此次扩充完成后，UMediC或进一步扩张相关业务。 行家建议： UMediC集团正为新厂房试营运，以确保生产过程符合标准，之后会逐渐提高产能。 医疗器材和医疗消耗品的竞标市场如今非常火热，而且我们注意到，市场正转向医疗器材租赁模式。我们相信这种模式对...
The Edge | 17 April 2024
KUALA LUMPUR (April 17): Hong Leong Investment Bank (HLIB) has maintained its “buy” rating on UMediC Group Bhd (UMC) at 62.5 sen with an unchanged target price (TP) of 91 sen and said UMC's expansion efforts post completion of its new facility aim to double...