Vicplas: Malaysian-American JV

PVC pipe maker Vicplas International has entered the medical supplies sector via a 50:50 joint venture with the British LMA International to manufacture components for LMA’s airway management devices. The products are used to administer general anaesthetic. Vicplas believes the sector will provide significant growth potential. The joint-venture company, Forefront Medical Technology, has capital of S$500,000, and is expected to start operation in Sep 2000. LMA will license technological know-how to Forefront and also provide moulds and equipment.

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