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PETALING JAYA, Penang-based UMediC Group Bhd, known for marketing and distributing medical devices as well as manufacturing its own line of medical consumables, has expanded into medical services with the launch of a new business segment. This move marks UMediC’s vertical expansion within the healthcare sector, leveraging its existing capabilities to strengthen its presence with hospitals and local healthcare providers. The new medical services segment will include a post-recovery care centre, fully equipped ambulance services, and a learning centre offering training workshops to raise public awareness of healthcare and provide professional medical training. UMediC executive director and CEO Lim Taw Seong said the initiative allows the company to deliver a comprehensive range of healthcare solutions while addressing gaps in local healthcare services, such as limited hospital bed availability. From left: Loo, Goh, Ng, Gooi, UMediC executive director and CEO Lim Taw Seong, Muhammad Ghaddaffi and Lau at the launch. “Instead of sending patients home after surgery, we provide a place for post-surgical care, easing the burden on working families. Our ambulance service is also a key growth area, allowing us to offer hospitals complete solutions integrated with our existing medical products,” Lim said. He added that the company sees significant growth potential in this sector, especially with an ageing population, and expects contributions from medical services to rise steadily. UMediC’s manufacturing strength is anchored in its state-of-the-art facility in Batu Kawan Industrial Park. The addition of Plant 2 has expanded total manufacturing space to over 50,000 sq ft, and upcoming ISO 5 cleanroom and blow-fill-seal equipment position the company at the forefront of global medical device production. “Our halal-certified facilities and global footprint in nearly 40 countries enable us to deliver life-saving products that meet the highest standards,” Lim said. As part of its expansion, UMediC is also extending its reach beyond manufacturing by offering direct services to end users. The UMC Learning Centre provides professional medical training, while the UMC Healthcare Centre offers day-care-style care for patients, staffed with trained medical and nursing personnel, including visiting doctors. “Our healthcare centre provides a safe and professional environment for patients during the day, much like how daycare centres support working parents,” Lim explained. The launch event was officiated by Penang State Exco for Youth, Sports and Health Daniel Gooi Zi Sen, Bukit Tambun State Assemblyman and Penang Development Corporation board member Goh Choon Aik, UMediC chairman Datuk Seri Ng Chai Eng, Invest-in-Penang Bhd CEO Datuk Loo Lee Lian, UWC Bhd executive director Datuk Lau Chee Kheong, and Penang MIDA director Muhammad Ghaddaffi Sardar Mohamed.

KUALA LUMPUR, BM Greentech Bhd’s wholly owned subsidiary, Plus Xnergy Services Sdn Bhd, has clinched contracts worth RM95.01 million from Nefin V Power Sdn Bhd to develop a 29.99-megawatt alternating current (MWac) solar photovoltaic (PV) plant. According to a Bursa Malaysia filing, RM64.87 million of the total contract value is allocated for the procurement and supply of machinery, equipment, materials, and tools, including PV panels and mounting structures. The remaining RM30.14 million covers the engineering and construction agreement, which involves the design, engineering, project management, and construction of the solar farm, BM Greentech said. The company expects the project to positively impact its net assets and earnings per share for the financial year ending March 31, 2026, and continuing until the project’s completion, assuming no unforeseen delays.

KUALA LUMPUR, ECM Libra Group Bhd’s wholly owned subsidiary, ECML Hotels Sdn Bhd, will sell two adjoining freehold land parcels in Penang, including an 11-storey hotel with 258 rooms, to Wealthpro Holdings Sdn Bhd for RM51.89 million. According to a Bursa Malaysia filing, the sale proceeds will be used to repay bank loans, fund project developments, support future business expansion, cover working capital needs, and pay related taxes and expenses. The group noted that the disposal will not cause ECM Libra to be classified as a cash company or a PN17 company under listing rules. The disposal forms part of ECM Libra’s ongoing strategy to review its investment portfolio and unlock value for shareholders. Based on the sale price and the property’s audited net book value of approximately RM22.9 million as of Dec 31, 2024, the group expects a one-off pro forma gross gain of about RM29.0 million before estimated taxes and expenses of RM4.3 million. The transaction, subject to all necessary approvals, is expected to be completed by the first quarter of 2026.