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LAC Med Berhad is an integrated healthcare technology company. The Company is engaged in the supply of loose medical equipment, the supply and integration of fixed medical equipment, and the supply of related products and services. It is a distributor of third-party brands of medical devices. It is focused on distributing ultrasound, radiographic (such as computed tomography (CT) scanners and fluoroscopy machines), and magnetic resonance imaging (MRI) medical equipment. It serves private and government healthcare facilities in Malaysia. Its diagnostic equipment includes radiographic equipment, ultrasound machine, magnetic resonance imaging MRI machine, and others. Its radiographic equipment utilizes electromagnetic radiation such as X-rays, gamma and other ionizing rays to create images of the body's internal structures, primarily for diagnostic purposes. Its ultrasound machine utilizes high-frequency sound waves to generate real-time visual images.
The healthcare sector is expected to remain resilient through 2026 despite mounting inflationary pressures, geopolitical uncertainties and the prospect of upcoming elections, supported by the defensive nature of healthcare demand and the pricing power of hospital operators.
KUALA LUMPUR: Stocks to watch on Thursday include Vantris Energy Bhd, Scanwolf Corp Bhd, Widad Group Bhd, Hextar Technologies Solutions Bhd (HexTech), Beshom Holdings Bhd, Malaysian Resources Corp Bhd (MRCB) and LAC Med Bhd.
LAC Med Bhd's wholly-owned subsidiary, LAC Medical Supplies Sdn Bhd, has secured a RM78.9mil contract to supply and deliver reagents and related items for chemistry tests to public hospitals in Kedah.
LAC MED BERHAD ("LAC" OR THE "COMPANY") - ACCEPTANCE OF LETTER OF AWARD FOR "MEMBEKAL DAN MENGHANTAR REAGEN SECARA 'INSTRUMENT PLACEMENT' BAGI UJIAN PATOLOGI KIMIA SERTA PEMBEKALAN ITEM-ITEM BERKAITAN UNTUK SEPULUH (10) HOSPITAL KEMENTERIAN KESIHATAN MALAYSIA DI NEGERI KEDAH BAGI TEMPOH EMPAT (4) TAHUN"