BCM Alliance bags RM320mil Thai contract


BCM Alliance Bhd

KUALA LUMPUR: Investment holding company, BCM Alliance Bhd has signed an agreement to supply 10 million Covid-19 Antigen Rapid Test Kits (RTK-Ag) to MTPS Innotech (Thailand) Co Ltd worth RM320mil (US$80mil).

The contract secured through its subsidiary, BC Medical Sdn Bhd would see the company ship the test kits in batches and exported to Thailand over a period of one year.

“The first batch would be 1.5 million kits, valued at RM48mil, ” it said in a statement yesterday.

BCM Alliance said the company would send 200 free kits to MTPS in Thailand for clinical trial and registration. It would also assist MTPS and provide the relevant information and documents required for the purposes of product registration.

“Thereafter, the first batch of kits will be shipped to buyers. The remaining amount of test kits will be delivered in accordance with the schedule agreed by both parties.”

BCM Alliance executive director, Hoo Swee Guan said the company is gearing towards becoming a major distributor in medical related products in Malaysia and South-East Asia region. — Bernama

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