Key Alliance plans to buy 30% of Tree Med

Key Alliance managing director Roy Ho said the upon completion, the acquisition would position the group as a complete player in the medical supplier market for in-vitro diagnostics, as well as open doors for it to participate in future vaccine sales and core lab products.

KUALA LUMPUR: Key Alliance Group Bhd plans to acquire a 30 per cent stake in Tree Med Sdn Bhd, a local medical devices supplier, for RM14 million.

In a statement today, Key Alliance managing director Roy Ho said the upon completion, the acquisition would position the group as a complete player in the medical supplier market for in-vitro diagnostics, as well as open doors for it to participate in future vaccine sales and core lab products.