Bio Green Med Solution, Inc. has successfully completed the acquisition of Fitters Sdn. Bhd., a leading provider of fire protection and safety products in Malaysia.
The acquisition diversifies Bio Green Med's business portfolio, adding fire protection services to its existing pharmaceutical interests.
Fitters Sdn. Bhd. specializes in supplying and trading protective and fire safety equipment, with a strong reputation in the industry.
Diversification Impact
The acquisition of Fitters Sdn. Bhd. allows Bio Green Med to expand into the fire protection market and explore opportunities across multiple industries.
Stock Symbol Change
Following the acquisition, Bio Green Med changed its ticker symbols for common stock and preferred stock to BGMS and BGMSP, respectively.
Leadership Expansion
Datuk Dr. Doris Wong Sing Ee, CEO of Bio Green Med, was appointed to the board of directors of Fitters and its subsidiaries after the transaction.
- The acquisition enhances Bio Green Med Solution, Inc.'s market presence by adding expertise in fire protection and safety products.
- Bio Green Med's strategic acquisition positions the company to deliver high-quality safety solutions across various sectors, strengthening its competitive advantage.
The acquisition of Fitters Sdn. Bhd. marks a significant milestone for Bio Green Med Solution, Inc. as it expands its operations into the fire protection industry, creating new growth opportunities and long-term value for shareholders.