LYC Healthcare buys 70% stake in Clinical Nutrition for RM2.24mil


LYC Healthcare managing director cum group CEO David Sui Diong Hoe (middle).

KUALA LUMPUR: LYC Healthcare Bhd has proposed to acquire a 70% stake in Clinical Nutrition Intl (M) Sdn Bhd for RM2.24mil cash.

Clinical Nutrition is mainly involved in the supply of nutraceutical ingredients and owns a 50% shareholding in two proprietary probiotic strains namely lactobacillus plantarum DR7 and lactobacillus fermentum DR9.

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