KUALA LUMPUR: Hong Seng Consolidated Bhd's sub-subsidiary Neogenix Sdn Bhd has received a letter of

KUALA LUMPUR: Hong Seng Consolidated Bhd’s unit HS Bio Sdn Bhd is buying a 51% stake in Pow Pocket Sdn Bhd for RM200mil cash consideration which plans to roll out a nationwide end-to-end private Covid-19 vaccine programme.In a statement on Friday, it said Pow Pocket’s programme to be known as “ Immunise ”, is an open and inclusive platform to capture the demand for booster and juvenile vaccination shots in the country. Pow Pocket operates Jengu, a web-based digital health engine dedicated to Cov

KUALA LUMPUR: Hong Seng Consolidated Bhd’s wholly-owned subsidiary, HS Bio Sdn Bhd( HS Bio) has entered into a share sale agreement to acquire a 51 per cent stake in the COVID-19 antibody test kit distributor RZAC Immunesafe Sdn Bhd for RM20 million.In a statement today, Hong Seng said the total purchase consideration of RM20 million comprises a cash payment of RM2 million and the issuance of 37, 800 new ordinary shares in HS Bio worth RM18 million. RZAC is currently the sole distributor of the