Toyo Seikan : Investment in Singapore's Healthcare Start-up NovoTec Group - Exploring Entry Opportunities and Promoting Business Creation in the Healthcare field -
April 28, 2023 at 03:37 am EDT
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Toyo Seikan Group Holdings, Ltd. (TSE:5901, "Toyo Seikan Group") has invested in NovoTec Group Pte. Ltd. ("NovoTec",Chairman: Edward Sang)※, a Singapore-based start-up company that aims to improve medical services in Southeast Asia by establishing a hospital service platform.
Issue in Southeast Asia healthcare
In Southeast Asia, there are differences in accessible medical services by region, and many patients are unable to receive the medical care they need. The demand for quality medical services is expected to increase further in the future due to population growth and aging in the region.
What we aim to through this investment
Through our investment in NovoTec, which is engaged in the development and stable supply of medical services and products in Southeast Asia, we will work together to address this issue and create business opportunities in the healthcare field, which is one of the areas to focus on in the future. At the same time, we explore opportunities to enter the healthcare product market in this region.
From left: Ichio Otsuka (President and Representative Director of Toyo Seikan Group),
Edward Sang (Chairman of NovoTec)
Click herefor details(PDF).
For inquiries about this press release, please contact:
Mr. Kodai Nakanori at Corporate Communication Group
tskg_contact@tskg-hd.com
Toyo Seikan Group Holdings Ltd. published this content on 28 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2023 07:36:03 UTC.
Toyo Seikan Group Holdings, Ltd. is a Japan-based packaging container manufacturer. The Company operates in four business segments. The Packing Container Related segment is engaged in the manufacture and sale of cans for canning and other metal products, plastic, glass and paper products, as well as the contract manufacture and sale of aerosol products and general goods filing. The Steel Plate Related segment is engaged in the manufacture and sale of steel and processed steel plates. The Functional Material segment offers disk substrates, optical function films, glazes and gel coat. The Real Estate segment is engaged in the leasing of buildings and commercial facilities. The Others segment is engaged in the manufacture and sale of hard alloy, machineries and tools, agricultural materials, the sale of petroleum products, as well as the insurance agency business.
Toyo Seikan : Investment in Singapore's Healthcare Start-up NovoTec Group - Exploring Entry Opportunities and Promoting Business Creation in the Healthcare field -