FTSE Bursa Malaysia KLCI (^KLSE) 1,646.53 14.83 (0.90%)
updated at: Wed, 09 Dec 2020, 05:25PM MYT

LKL set to fulfil increasing medical equipment demand

Original Source From TheEdge Publish at Mon, 23 Mar 2020, 08:15AM

KUALA LUMPUR (March 23): LKL International Bhd is ready to fulfil the high demand for medical equipment from hospitals in Malaysia and foreign countries in their battle against COVID-19, managing director Lim Kon Lian said.

He said the medical/healthcare beds, peripherals and accessories provider has received numerous requests for essential medical equipment from hospitals in various states across Malaysia, as well as from foreign countries, including Italy, Maldives, Mauritius, Brunei, and Bangladesh.

“This includes an urgent enquiry of 50,000 hospital beds to be supplied within a five-month time frame to one of the export markets, indicating the high-level urgency to expand their capacity,” he said in a statement.

Lim said recognising the urgency amidst the COVID-19 pandemic, the company is doing its utmost best to fulfil this huge demand by expediting production and leveraging on a strong and extensive distribution channel throughout Malaysia to supply these products without delay.

“Our existing network with public and private hospitals nationwide has been built over the past 27 years, and will serve us well at this critical time.

“Our first priority would be to support the crucial frontline staff of local hospitals in their line of duty by providing additional personal protective equipment to healthcare personnel,” he said.

This afternoon, Prime Minister Tan Sri Muhyiddin Yassin said the government would channel an additional allocation of RM500 million to the Ministry of Health to support its efforts to manage the COVID-19 pandemic nationwide.

It would be for the purchase of various items, including ventilators and Intensive Care Unit (ICU) equipment, additional personal protective equipment (PPE) for medical personnel, as well as laboratory requirements for the screening of COVID-19.

The government would also implement emergency procurement practices to expedite the purchase of these critical items.

updated at: Fri, 29 May 2020 MYT
Participation (%)
Bought (MYR)
Sold (MYR)
Net
Foreign
( 24,36 % )
2.31 B 2.23 B 77.37 M
Local Institution
( 39,38 % )
3.66 B 3.67 B 0.00 B
Local Retail
( 36,26 % )
3.34 B 3.41 B -0.07 B