KUALA LUMPUR (April 5): BCM Alliance Bhd has provided 24 intensive care unit (ICU) beds to the Ministry of Health over the past two weeks.
In a statement, the group said its wholly-owned subsidiary Best Contact (M) Sdn Bhd had mobilised its resources to meet the urgent need for hospital beds among public healthcare providers battling Covid-19.
“Hospitals are in dire need of medical beds and other equipment, such as nebulisers, thermometers and other personal protective equipment (PPE), as they confront the Covid-19 outbreak,” said BCM Alliance managing director Liaw Chong Lin.
“Fortunately, we have immediate supplies of quality medical beds that can be delivered quickly to areas with the greatest need. Our team has worked timelessly to deliver and install the beds in the respective hospitals,” Liaw said.
He said since the beginning of the outbreak in Malaysia, the company has increased its orders from suppliers.
At the same time, healthcare products such as thermometers and nebulisers sold under 51.03%-owned subsidiary Cypress Medic Sdn Bhd had seen a spike in demand.
“We believe the Covid-19 pandemic has triggered a seismic wave of health awareness, and thus having accurate self-check on personal health condition is essential to maintain healthy standards at all times.
We expect Cypress Medic to benefit from this new demand for healthcare products, apart from the increased expenditure in public and private healthcare sectors,” Liaw said.
He said these new product orders will enhance Cypress Medic’s revenue and consequently result in a higher top-line contribution at the group level for its 2020 financial year.
#dudukrumahdiamdiam and get the news at theedgemarkets.com.