Medtecs International

DBS maintains 'buy' on Medtecs due to 'stable demand' in 1H21 - THE EDGE SINGAPORE

Broker's Calls

DBS maintains 'buy' on Medtecs due to 'stable demand' in 1H21

“Our scenario analysis values Medtecs at 77 cents in a bear case and $1.60 in a bull case,” say the analysts at DBS.
Medtecs enters into joint venture agreement for PPE production facility targeting US market - THE EDGE SINGAPORE

Company in the news

Medtecs enters into joint venture agreement for PPE production facility targeting US market

The JV will undertake the development of a fully vertically integrated PPE platform.
Medtecs signs letter of intent with Enimmune to market and promote Enimmune’s 'Speedy Covid-19 Ag Rapid Test' - THE EDGE SINGAPORE

Medtech

Medtecs signs letter of intent with Enimmune to market and promote Enimmune's 'Speedy Covid-19 Ag Rapid Test'

Medtecs says it will make further announcements in relation to the partnership.
Healthcare equipment and glove makers enjoy a stellar year, drawing in new competitors - THE EDGE SINGAPORE

2020 in review

Healthcare equipment and glove makers enjoy a stellar year, drawing in new competitors

Glove makers saw their earnings soar due to the boom in demand brought on by the Covid-19 pandemic.
DBS starts Medtecs at 'buy' with TP of $1.30 on 'compelling value' - THE EDGE SINGAPORE

Broker's Calls

DBS starts Medtecs at 'buy' with TP of $1.30 on 'compelling value'

“Our scenario analysis also values Medtecs at a range of 80 cents to $1.66,” say DBS's analysts.

Company in the news

Medtecs partners Taiwan-listed Mytrex Health Technologies to expand presence in international market

In addition, Medtecs has also entered into a supply agreement for Mytrex’s face mask filters for 12 months.
Medtecs International dresses and protects global healthcare workers - THE EDGE SINGAPORE

SGX Research Series: 10 in 10

Medtecs International dresses and protects global healthcare workers

Medtecs is a leading personal protective equipment PPE and hospital service provider with over 30 years of experience.
STI rises on further reopening of borders; tracks Wall Street gains on stimulus hopes - THE EDGE SINGAPORE

STI watch

STI rises on further reopening of borders; tracks Wall Street gains on stimulus hopes

The Straits Times Index (STI) gained 1.2% to 2,547.77 as at noon on Oct 12 from 2,517.23 previously.
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