The Business Times
business-time-50

AJJ Medtech ventures into healthcare space; banks on acquisitions, portfolio expansion

google-preferred-sourceAdd BT as a preferred source
Megan Cheah

Megan Cheah

Published Wed, Mar 13, 2024 · 05:00 AM
    • From left: AJJ Medtech chief strategy officer Zhang Yulei, chief executive officer Alice Zhao, and director of corporate partnerships Leslie Chua. AJJ is ready to roll out its high-tech medical consumables and equipment to more customers in South-east Asia., says Zhao.
    • From left: AJJ Medtech chief strategy officer Zhang Yulei, chief executive officer Alice Zhao, and director of corporate partnerships Leslie Chua. AJJ is ready to roll out its high-tech medical consumables and equipment to more customers in South-east Asia., says Zhao. PHOTO: AJJ MEDTECH

    IN 2019, one Catalist-listed company was on the cusp of pivoting into a burgeoning industry – medical technology (medtech).

    A new management team had been handed the reins of OEL Holdings, then an offshore shipyard business, with the intention of entering the medtech sector to provide medical consumables and equipment to healthcare institutions.

    Then, Covid-19 brought its plans to a standstill.

    Medtech/healthtechHealthcareSingapore Consumer

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Siranudh Scott had caused an internet sensation with a video accusing his brother of allegedly abusing him during his childhood years.

    ‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More