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The good news is the worst appears to be over, and some stock markets have already recovered all their losses over the year. Within Asean, Bursa Malaysia is one example.
KUALA LUMPUR: InvestKL has attracted a total of RM13.95bil in approved and committed investments from 91 multinational corporations (MNCs) since 2011.
PETALING JAYA: Supercomnet Technologies Bhd’s (Scomnet) fourth-quarter net profit to Dec 31,2019 jumped 125.74% to RM4.56mil on the back of a 19.08% rise in revenue to RM32.4mil
GLOBAL medical technology and pharmaceutical firms are turning to Malaysia as their investment destination, as they chart their mid-to-long term growth strategy across the region.
M’sia supplies 60% of rubber gloves and 80% of catheters globallyA sector that has been quietly thriving but is relatively unknown to the general public is the Malaysian medical device industry.
PETALING JAYA: Shares of medical cable company Supercomnet Technologies Bhd (Scomnet) have been seeing some interest following news that its largest client, California-based Edwards Lifesciences Corp, has received approval for its heart valve systems from the US Food and Drug Administration (FDA) on Aug 16.
KUALA LUMPUR: Global medical technology company Edwards Lifesciences Corp is setting up a regional business hub here and it will be investing RM100mil over the next five years.
KUALA LUMPUR: Global medical technology company, Edwards Lifesciences Ltd is setting up its second regional business hub in Kuala Lumpur and will be investing RM100mil over the next five years.