Apex sees 15% rise in sales


  • Business
  • Wednesday, 22 Oct 2003

By Hong Boon How

Apex Healthcare Bhd is optimistic of the potential of the country's healthcare industry and is looking at an annual 15% growth in sales, according to managing director Dr Kee Kirk Chin. 

“We have taken several steps to prepare for this growth such as increasing our retail outlets, drugs offerings and improving our distribution,” Kee said at the ground-breaking of Apex's new corporate headquarters and distribution centre in the Subang industrial area yesterday.  

Apex Healthcare group consists of Apex Pharmacy Sdn Bhd, which is involved in retail business, Apex Pharmacy Marketing Sdn Bhd (marketing and distribution), and Xepa-Soul Pattinson Sdn Bhd (drug manufacturing).  

Datuk Lee Hwa Beng (left) and Dr Kee Kirk Chin planting a tree to mark the ground-breaking of Apex's new headquarters in Petaling Jaya.

The corporate headquarters and distribution centre, which also include a new warehouse, are built at a cost of over RM14mil and will be completed in the third quarter next year. 

“We have been operating from eight leased shophouses and we want to consolidate our facilities under a single roof to improve our efficiency and competitiveness,” Kee said. 

He also said the company planned to open four new retail outlets a year at strategic locations. 

“At present, we have 23 outlets and it would cost us between RM300,000 and RM400,000 to set up a new one,” he said. 

Apex Pharmacy Marketing executive director Tan Hing Tai said the group's business had expanded tremendously over the last few years and needed larger and more efficient distribution facilities. 

“The new facilities will give us enough space to expand over the next 10 years,” he said. 

Subang Jaya state assemblyman Datuk Lee Hwa Beng, who was at the ground-breaking ceremony, said the Subang Jaya Municipal Council placed high priority on the development of road networks and infrastructures within the council's jurisdiction. 

“We know that businesses in Subang Jaya will be affected if their customers avoid coming to the township because of traffic congestions,” he said. 

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