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ISEC Healthcare Ltd ( (SG:40T) ) has shared an announcement.
ISEC Healthcare’s wholly owned subsidiary ISEC Sdn. Bhd. has signed a joint venture agreement with Bond Infinity Sdn. Bhd., K.C. Yeo Eye Specialist Clinic Sdn. Bhd. and Wedjat Vision Sdn. Bhd. to set up a new joint venture company, ISEC (Batu Pahat) Sdn. Bhd., to establish and operate an ophthalmology centre in Batu Pahat, Johor, Malaysia. The arrangement leverages the expertise of existing consultant ophthalmologists employed within the group and expands ISEC Healthcare’s footprint in Johor, signalling continued regional growth of its specialist eye-care network and potentially strengthening its competitive position in Malaysia’s private ophthalmology market.
More about ISEC Healthcare Ltd
ISEC Healthcare Ltd is a Singapore-incorporated specialist healthcare group focused on ophthalmology services, operating eye care and related medical centres across the region through wholly owned subsidiaries such as ISEC Sdn. Bhd. and Southern Specialist Eye Centre Sdn. Bhd. Its core business is the establishment and management of ophthalmology centres, targeting patients in key Malaysian and regional urban markets.
Average Trading Volume: 34,995
Technical Sentiment Signal: Sell
Current Market Cap: S$184.1M
See more insights into 40T stock on TipRanks’ Stock Analysis page.