Saturday 20 Apr 2024
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KUALA LUMPUR (July 28): Rhone Ma Holdings Bhd has been appointed as the exclusive distributor of Canada-based Citest Diagnostics Inc’s Covid-19 antigen rapid test kit in Malaysia.

The animal health solutions provider said the distributorship agreement was signed by its indirect wholly-owned subsidiary APSN Healthcare & Diagnostics Sdn Bhd.

The test kit to be distributed by APSN Healthcare has obtained the “recommended to be used” status from the Medical Device Authority of the Ministry of Health, Rhone Ma said in a bourse filing.

The group said the appointment is expected to contribute positively towards its earnings and net assets for the financial year ending Dec 31, 2021.

Rhone Ma said Citest’s products include various types of test kits in relation to women's health, infectious disease, drug of abuse, oncology and cardiac markers.

Rhone Ma’s share price closed unchanged at 74 sen today, valuing the group at RM147.6 million.

Edited ByS Kanagaraju
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