You are here

TOPLINE

Medtecs strategises to be more than a one-hit pandemic wonder

It is also working to expand its products beyond those serving medical purposes as Covid-19 vaccine rollout could slow PPE demand.

BT_20201130_AGMEDTECS7GM9_4346838.jpg
CEO William Yang has shown his confidence in the company by scooping up his first holdings in Medtecs shares.

BT_20201130_AGMEDTECS7GM9_4346838.jpg
Medtecs' production facility in Cambodia. "We actually gave up tens of millions of dollars in profits (to honour our commitment to existing customers)," said Mr Yang.

AS nations struggled to deal with the Covid-19 crisis earlier this year, Medtecs International Corp - a Singapore-listed maker of surgical masks, medical coveralls and isolation gowns - was turning away orders for its products.

The Taiwan-headquartered firm, which counts ST Logistics as...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes