CEO Morning Brief

Optimax Secures Licence to Offer Plastic Surgery and Aesthetic Services at Ipoh Outlet

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Publish date: Tue, 08 Aug 2023, 08:46 AM
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TheEdge CEO Morning Brief

KUALA LUMPUR (Aug 7): Optimax Holdings Bhd has obtained a licence from the Ministry of Health to offer plastic surgery and aesthetic services at its Optimax Ipoh Specialist Centre.

"These new services will complement and enhance the group’s current offerings, enabling Optimax to leverage on its facilities and team effectively," the group said in a bourse filing. "This strategic integration aligns with Optimax's business expansion strategy."

Optimax chief executive officer Sandy Tan said acquiring the licence was crucial in line with the group's aspiration to enter the plastic surgery and aesthetic services industry.

“We also intend to secure this licence for our other outlets, ensuring a wider reach to serve a broader population,” she added.

Optimax debuted on Bursa Malaysia’s ACE Market in August 2020, before transferring its listing status to the Main Market last November.

The stock closed unchanged at 71 sen on Monday (Aug 7), giving the group a market capitalisation of RM383 million

Year-to-date, the stock has dropped by nearly 10% from 78.5 sen on Jan 3.

Source: TheEdge - 8 Aug 2023

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