PublicInvest Research

TECHNICAL BUY: UMC (0256)

PublicInvest
Publish date: Mon, 21 Oct 2024, 10:13 AM
PublicInvest
0 11,315
An official blog in I3investor to publish research reports provided by PublicInvest Research team.

All materials published here are prepared by Public Investment Bank Berhad. For latest offers on Public Invest trading products and news, please refer to: https://www.publicinvestbank.com.my/pbswecos/default.asp

PUBLIC INVESTMENT BANK BERHAD (20027-W)
9th Floor, Bangunan Public Bank
6, Jalan Sultan Sulaiman, 50000 Kuala Lumpur
T 603 2031 3011 | F 603 2272 3704 | Dealing Line 603 2260 6718

Description

UME is principally involved in marketing and distribution of various branded medical devices and consumables as well as the provision of after-sales service for all its products.

Fundamentals

The Group formed Akiteck (Malaysia) S/B and Ateria Medika S/B to expand in the medical industry. Akiteck (Malaysia) S/B focuses on medical moulting solutions, while Ateria Medika S/B handles medical device distribution and after-sales services. These efforts align with the Group's strategy to diversify and meet growing demand in the medical sector.

Source: PublicInvest Research - 21 Oct 2024

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