by Regine | May 17, 2024 | News
UMediC Group is eyeing to resume its uptrend following a recent pullback as it bounced off the 21-day SMA line yesterday, heading towards the MYR0.72 immediate resistance. RHB Retail Research in a note today (May 16) said if that level is broken, the bullish...
by Regine | Apr 25, 2024 | News
PETALING JAYA: Medical device maker UMediC Group Bhd (UMC) is expected to post stronger second half financial year 2024 results on the back of expanded manufacturing capacity and better marketing and distribution segments, according to Phillip Capital...
by Regine | Apr 25, 2024 | News
PhilipCapital says it remains positive on UMC’s growth prospects following a recent update meeting. UMC has relocated its warehouse to the new facility to facilitate the expansion of its cleanroom facilities. The group’s monthly production capacity currently stands at...
by Regine | Apr 19, 2024 | Bursa Malaysia, News
Bursa approves UMediC’s transfer to Main Market KUALA LUMPUR (April 18): Bursa Malaysia Securities Bhd has approved the transfer of UMediC Group Bhd’s listing status from the ACE Market to the Main Market, under the ‘health...
by Regine | Apr 18, 2024 | Bursa Malaysia, News
PETALING JAYA: Robust capacity expansion plans and medical equipment tenders are set to drive UMediC Group Bhd’s (UMC) earnings growth in the near term. Hong Leong Investment Bank Research (HLIB Research) said the medical device maker has relocated its...