News Details

HO WAH GENTING BERHAD GROUP HEADING TOWARDS IMPORTING & DISTRIBUTING HEALTHCARE PRODUCTS, MEDICATION & VACCINES

  2020-10-05 19:57:27

KUALA LUMPUR, 05 OCTOBER 2020Ho 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 Berhad (“HWGB” 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 Pharmaceutical Society.

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.
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