Hong Seng partners Hong Kong company to explore healthcare opportunities

Hong Seng Consolidated Bhd’s wholly owned subsidiary HS Bio Supplies Sdn Bhd on Monday entered into a cooperation framework agreement with Fosun Trade Co Ltd to jointly cooperate and collaborate to explore business opportunities in the healthcare sector in Malaysia.

Fosun Trade, a subsidiary of Hong Kong-listed Fosun International Ltd, focuses on providing a one-stop customised, value-added and comprehensive trade solution to global clients through its C2M business model, agile supply chains, and global network of quality manufacturers. “The agreement is viewed positively to provide HS Bio a timely opportunity to drive its healthcare business forward, particularly in the provision of healthcare-related products through the agreement. The group will also be able to expand its customer base to include government and private medical agencies, hospitals, laboratories and others while tapping the existing private clinics network of eMedAsia Sdn Bhd, which is currently a 20% associate company of HS Bio.

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