Mexter expands healthcare venture with LYC Wellness Valley deal

The 20-year contract secured by its unit Metro Parking Management Philippines Inc would also include the construction of an additional 208-bays of steel deck parking structure in MBP - a bustling business hub in the affluent suburb near Alabang Town Centre, one of Metro Manila

KUALA LUMPUR: Loss making Mexter Technology Bhd has proposed a new name for the company to reflect its expanding business in the healthcare industry.

Mexter, in a filing with Bursa Malaysia on Tuesday, said a 70% owned subsidiary LYC Living Sdn Bhd has entered into a conditional consultancy and project management agreement with LYC Venture Sdn Bhd for the development of a RM558mil wellness centre in Bentong, Pahang.