KUALA LUMPUR, 05 OCTOBER 2020 – Ho Wah Genting Berhad (“HWGB” or the “Company”) (Bursa Stock Code:9601) group’s healthcare-related business will be able to import, handle and distribute healthcare products, medication and vaccines on a wholesale basis when the Type A Poisons License is obtained.
General Manager, Medical & Pharmaceutical Research of HWGB Biotech, Dr. Yaman Walid Kassab said: “We see a bright future for HWGB Group in healthcare and progressing in this direction".
“The successful application for the Type A Poisons License will certainly be a positive news for us as we can then import and distribute our healthcare products and be in compliance with Malaysian regulations”.
HWGB Biotech Sdn Bhd (“HWGB Biotech”), a wholly-owned subsidiary of the Company, had on 3 October 2020, made an online application via Ministry of Health’s My.Pharma-C system for the Type A Poisons License.
The license indicates the group’s commitment to the business and at the same time, underscores the huge potential the license can bring to the growth of the business.
As part of the process of building up the healthcare business, HWGB Biotech hired a registered pharmacist, Shaharuddin bin Abdul Rashid (“Shaharuddin”), 48, who in turn has begun the process of obtaining the license.
Under Poison Act 1952, it is stipulated that only a pharmacist registered with the Pharmacy Board of Malaysia or a qualified pharmacist recognised by the state health directors of Sabah or Sarawak is able to apply for such license.
Shaharuddin will keep HWGB Biotech abreast of any material development in healthcare regulations while acting as the chief liaison between HWGB Biotech and the regulatory agencies.
ABOUT HO WAH GENTING BERHAD
Ho Wah Genting
or the “Company”) is principally engaged in investment holdings and the
provision of management services to its subsidiaries. The Company had on 30
June 2020 diversified its existing businesses to include healthcare related
industry which mainly involved in Health Supplement, Biotechnology and Health
Technology. In addition, the Company and its subsidiaries (“HWGB Group”
or the “Group”) are also engaging in the businesses of Investment
holdings; manufacturing of wire and cable and moulded power supply cord sets
and cable assemblies for electrical and electronic devices and equipment; trading
of wire and cable; and travel agent and tour related services.
Dr.Yaman Walid Kassab is an assistant Professor
of Clinical Pharmacy. He obtained his PhD in Clinical Pharmacy at University Science
Malaysia (USM) in 2013. He possesses 7 years of experience in the academia, specifically
in the pharmacotherapy field. He is actively involved in medical research and publication
and has published more than 40SCOPUS/ISI indexed research papers and has supervised
more than 50 research projects and 20 postgraduate research students. He is also
serving as an editorial Board member of several reputed international journals like
“Frontiers in Pharmacology”, “Archives of Pharmacy Practice (APP)” , “Journal of
Medical and Pharmaceutical Innovation (JMPI)” , ”Annals of Cardiology and Cardiovascular
Diseases” , “Updates in Public Health and Preventive Medicine” He has been a member
of many international professional bodies such as International Association of Therapeutic
Drug Monitoring & Clinical Toxicology in CANADA, Syndicate of Syrian Pharmacists,
Malaysian Association of Education in Medicine & Health Sciences, Malaysian
Encik Shaharuddin bin
Abdul Rashid is a registered pharmacist with the Pharmacy Board Malaysia and
has over 24 years of experience. His experience includes stints as the resident
pharmacist and outlet manager of Farmasi Materia Medica and at PharmaCARE
Medicine Shoppe. He completed his housemanship as a pharmacist at Hospital
Kuala Lumpur. Encik Shaharuddin received his Master of Pharmacy Practice from
Universiti Teknologi MARA, a Bachelor of Pharmacy (Hons) from Universiti Sains
Malaysia and a Post Graduate Certificate of Teaching Methodology from Asia
Metropolitan University. Besides being a registered pharmacist, he is also a
life member of the Malaysian Pharmaceutical Society and a member of the
Malaysian Diabetes Educators Society.