by Regine | Nov 3, 2023 | News
KUALA LUMPUR (Nov 3): Medical device company UMediC Group Bhd plans to spend its unutilised initial public offering (IPO) proceeds of RM7.92 million on developing its marketing distribution and manufacturing segments. UMediC saw a 56.25% premium...
by Regine | Oct 30, 2023 | News
KUALA LUMPUR (Oct 30): Penang-based medical device company UMediC Group Bhd has proposed to undertake a special issue of up to 24.93 million new shares, equivalent to 6.67% of its total issued shares, to Bumiputera investors to be identified and/or approved by the...
by Regine | Sep 12, 2023 | News
KUALA LUMPUR (Sept 12): UMediC Group Bhd’s net profit for the fourth quarter ended July 31, 2023 (4QFY2023) surged fivefold to RM3.37 million, from RM568,000 a year earlier, on the back of higher demand for medical devices and consumables from both public and...
by Regine | Aug 8, 2023 | News
PETALING JAYA: Potential increase in supply tenders for medical equipment procurement, the commercialisation of new products as well as the expansion of production capacity are expected to drive earnings growth at UMediC Group Bhd (UMC). Hong Leong Investment Bank...
by Regine | Aug 7, 2023 | News
KUALA LUMPUR (Aug 7): Hong Leong Investment Bank (HLIB) Research said it “[advocates] investors to take advantage of UMediC Group Bhd’s (UMC) [share price] weakness and accumulate”. The research house has maintained its “buy” rating on...
