KUALA LUMPUR (July 25): Bintai Kinden Corp Bhd has inked a memorandum of understanding (MOU) with Medical Renewable Care Company under the trade name Nouveta to explore a collaboration providing mechanical and engineering solutions and services to the healthcare industry of Saudi Arabia.

In a bourse filing on Monday (July 25), Bintai Kinden said its sub-subsidiary Johnson Medical International Sdn Bhd (JMI) has signed the deal which encompasses future expansion in Dubai.

It said JMI specialises in the design, manufacture and installation of customised hospital support system equipment and provision of nursing home services.

The company said Nouveta, which is based in Jeddah, provides healthcare-related products and services to doctors, hospitals and pharmacies.

Bintai Kinden executive director Azri Azerai said the MOU provides the framework to explore in more concrete terms how JMI and Nouveta can collaborate further in Saudi Arabia and the United Arab Emirates (UAE).

“As a first step, we are looking to appoint Nouveta as JMI’s distributor in Saudi Arabia and secondly, we will study more on the commercial viability of providing M&E (mechanical and engineering) solutions and services in Dubai and the rest of the UAE that may encompass a wider market than just hospitals and pharmacies. We look forward to deepening the partnership with Nouveta,” he said.

Meanwhile, Nouveta general manager Ali Salem Alsubai said there are opportunities for the companies to leverage and grow together.