MSCM ventures into RM80BIL healthcare industry

(From left) GeneFlux Bioscience CEO Balaguru Naidu, MSCM Holdings executive chairman Datuk Teoh Hai Hin, MSCM Holdings executive director Jeff Chong, MMA president Dr Ganabaskaran Nadason and MMA honorary general secretary and Koperasi Persatuan Perubatan Malaysia chairman Dr Thirunavukarasu Rajoo at the agreement signing between MSCM Holdings subsidiary HS Bio Supplies and the cooperative on Aug 28,2020.

MSCM Holdings Berhad is venturing into medical supplies and support as it seeks to reduce reliance on its core business and tap into the RM80bil Malaysian healthcare industry.

The group through its subsidiary HS Bio Supplies Sdn Bhd (HSBS) intends to be involved in the business of trading and provision of bio supplies, healthcare products, medical equipment, supplements, test kits, vaccines, among others.