by Regine | Dec 22, 2023 | News
PETALING JAYA: The Malaysian healthcare sector is poised for sustained growth in 2024, bolstered by the Health Ministry’s enlarged budget allocation, close collaboration between the public and private sectors, and the ongoing growth in medical tourism. Under...
by Regine | Dec 6, 2023 | News
PETALING JAYA: Medical device maker UMediC Group Bhd is anticipated to see improved earnings in the coming quarters owing to its additional manufacturing capacity and a larger allocation for the Health Ministry under Budget 2024. Hong Leong Investment Bank (HLIB)...
by Regine | Nov 15, 2023 | News
PETALING JAYA: Rakuten Trade Sdn Bhd has placed a “buy” call on medical device maker UMediC Group Bhd with a higher target price (TP) of 90 sen from 76 sen. In a report, the research house said the fast growing distributor of medical equipment and manufacturer of...
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 | Mar 9, 2023 | News
Affin Hwang said there is superior earnings potential for UMedic in the near term, coupled with its scarcity as the only listed Malaysian player in this field. PETALING JAYA: Distributor of medical equipment and consumables, UMedic Group Bhd, is in a good position to...