KUALA LUMPUR, 02 FEBRUARY 2021 - Ho Wah Genting Berhad ("HWGB" or the "Company") (Bursa Stock Code: 9601), through its wholly-owned subsidiary HWGB Biotech Sdn Bhd ("HWGB Biotech") has been successfully granted the Pharmacist's Poisons Licence (Type A License) from the Pharmaceutical Services Division of Ministry of Health Malaysia which enable the Company to import, store and deal generally by wholesale all controlled medicine (termed as poison according to Poisons Act Malaysia).

General Manager, Medical & Pharmaceutical Research of HWGB Biotech, Dr.Yaman Walid Kassab expressed: "We are delighted to have obtained the license which make us qualify to handle import and distribute our healthcare products in compliance with the MOH regulations. This license shows that we are committed in our healthcare related business and we believe that this license can bring a huge growth potential to HWGB as well".

"With the granted license, we believe that the consumer will be able to trust the product that we are going to distribute such as vaccines and controlled medicine. This is because only a pharmacist registered with the Pharmacy Board of Malaysia or a qualified pharmacist recognized by the state health directors of Sabah or Sarawak is able to hold for such license" he added.