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)


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For inquiries about this press release, please contact:
Mr. Kodai Nakanori at Corporate Communication Group
tskg_contact@tskg-hd.com

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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.