Bintai Healthcare signs cold chain box supply deal with Saudi's Alrowad

KUALA LUMPUR: Bintai Kinden Corp Bhd's subsidiary has signed a deal to supply the Greenie Medi Cold Chain Box for the storage and distribution of Covid-19 vaccine in Saudi Arabia.

The group said in a filing with Bursa Malaysia that Bintai Healthcare Sdn Bhd will supply the cold chain boxes to Alrowad Medical Services, a healthcare-focused company in infection control and smart solutions.

The collaboration is expected to augur well for Bintai Kinden as Saudi Arabai had recently rolled out its nationwide coronavirus vaccination with AsteraZeneca Covid-19 vaccine, said managing director Ong Choon Lui.

“The healthcare solution business is on the horizon for Bintai Kinden.

"We hope our healthcare business can contribute more than 25% to the company’s profits in the future,” he added.

The MoU with Alrowad is not expected to have any material effect on the issued and paid up share capital of Bintai Kinden but is expected to contribute positively towards the future earnings of the Group.

Bintai Healthcare was appointed as the exclusive distributor for Greenie Medi Cold Chain Box by SLAB Asia Co Ltd in Malaysia, Saudi Arabia and the Philippines.

It was also appointed authorised distributor of the product in Brunei, Myanmar, Cambodia, Timor-Leste, Indonesia, Laos, the Philippines, Singapore, Thailand and Vietnam.
Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

US and UK should be welcoming talent, not driving it away
Short Position: Ringgit rebound, PETRONAS earnings
KWAP seeks stronger income growth
What’s in fashion
Brexiteers, no one wants your regulatory bonfire
EcoWorld redefines concept behind industrial parks
S’pore chips away at HK’s hedge fund dominance
Ringgit seen strengthening further
Hibiscus gets debt boost
Navigating a ‘perfect positive storm’

Others Also Read