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MEDI INNOVATION SDN. BHD.

Business & Finance (20 years old)

General Information

Official company information

Active
Registration Number (Old Format)
0666355M
Registration Number (New Format)
200401027847
Company Type
Local Company
Established Date
Company Age
20 years (Est. 2004)
Registered Address
No. 8, Lorong Sukepi 1, Off, Jalan Sukepi, Kawasan Perindustrian Jenjarom, 42600 Jenjarom, Selangor
State
WILAYAH PERSEKUTUAN
Email
N/A
Phone

About MEDI INNOVATION SDN. BHD.

Company profile and description

MEDI INNOVATION SDN. BHD. is a Active Local Company based in Malaysia that operates in the Shopping & Retail sector. With registration number 200401027847, the company was incorporated on 17 September 2004 (20 years and 7 months ago). As a registered entity with the Companies Commission of Malaysia (SSM), MEDI INNOVATION SDN. BHD. is committed to providing quality products and services in the Shopping & Retail industry.

Additional Information

Medi Innovation Sdn Bhd (MISB) is an investment holding company incorporated on 17 September 2004. The company acquired 100% equity interest in Astique Medical Pte Ltd (AMPL), which provides integrated medical non-surgical aesthetic, cosmetic, and pharmaceutical services. MISB's ratings reflect AMPL's competitive position in the aesthetics market, supported by Singapore's economic performance. The company issued RM100 million Islamic Medium Term Notes Issuance Facility and RM50 million Murabahah Underwritten Notes Issuance Facility/Islamic Medium Term Notes Issuance Facility. The ratings of MISB reflect the competitive position of Astique Medical Pte Ltd (AMPL) (formerly known as Aesthetics Medical Pte Ltd), its team of doctors experienced in the field of aesthetic medicine, as well as the positive demand prospects for aesthetics services, underpinned by Singapore’s healthy economic performance and the country’s promotion of medical tourism. However, the ratings are moderated by a decline in AMPL Group’s revenue and profit after tax in the financial year (FY) 2006, and the expiry of the profit guarantee from the sellers of AMPL after FY2007.

Category

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Primary Category
Business & Finance
Description
Organizations providing commercial, financial, consulting, marketing, and administrative services primarily to other businesses.
Business Activity
INVESTMENT HOLDING

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