LYC Healthcare bets on M&A to drive growth

Speaking to StarBiz, LYC Healthcare group chief executive officer-cum-managing director Sui Diong Hoe hopes to turn around the company to profitability through its recent acquisitions

PETALING JAYA: LYC Healthcare Bhd, which is known for its confinement centres, is embarking on the next phase of growth by diversifying into functional food ingredients supply.

For years, LYC Healthcare has been focusing on growing its business organically, mainly in the healthcare industry, including a confinement centre, family clinic, fertility centre and senior living homes that involve high capital expenditure.