Malaysia: Hong Seng Consolidated strengthens healthcare business

Hong Seng Consolidated is to take stakes in Neogenix Laboratoire and eMedAsia for a combined M$9.5m (US$2.4m) as the conglomerate expands its healthcare business. The investment holding company, previously known as MSCM Holdings, is to buy a 60% stake in Selangor-based diagnostics group Neogenix Laboratoire for M$6.5m. Neogenix is a medical diagnostic and research laboratory…

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