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Article: Fiamma eyes medical equipment business

Article from:
New Straits Times
Article date:
February 28, 2007
Author:
Copyright

Zurinna Raja Adam
New Straits Times
02-28-2007
Fiamma eyes medical equipment business
Byline: Zurinna Raja Adam
Edition: Main/Lifestyle
Section: Business Times
Type: Company

ELECTRICAL appliances trader Fiamma Holdings Bhd is currently in talks to venture into the medical equipment business within the next two months.

The group plans to acquire a trading company, which is based in the region, for less than RM10 million.
"We think now is the right time to diversify our business since we have the expertise in distribution and branding," chief executive officer and managing director Jimmy Lim said.

"If the deal is successful, the division is expected to contribute some 20 per cent growth to ...

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