Business

Bintai Kinden unit inks maiden deal to supply freezer boxes to store Covid-19 vaccine

Company expects agreement to contribute positively towards future earnings 

Updated 3 years ago · Published on 02 Feb 2021 3:45PM

Bintai Kinden unit inks maiden deal to supply freezer boxes to store Covid-19 vaccine
Bintai Kinden says its freezer box is designed exclusively for the storage and distribution of the Covid-19 vaccine in Malaysia. – The Vibes file pic, February 1, 2021

KUALA LUMPUR – Bintai Kinden Corporation Bhd’s 50.05%-owned unit Bintai Healthcare Sdn Bhd has inked its first deal to supply the Greenie Medi Cold Chain Box designed for the storage and distribution of Covid-19 vaccine in Malaysia.

In a statement, Bintai Kinden said it today entered into a  memorandum of understanding (MoU) to supply the medical freezer boxes to SRTEON Security Services Sdn Bhd (SRT-EON).

Bintai Kinden managing director Ong Choon Lui said the product was designed for the exclusive use in transporting and storing medical products at very low temperatures, and it kept the inbox temperature at negative 70 degrees Celsius for up to 120 hours.

Bintai Healthcare had also been appointed as the exclusive distributor for Greenie Medi Cold Chain Box designed for the storage and distribution of Covid-19 vaccine in Saudi Arabia and the Philippines. 

To recap, Bintai Healthcare was appointed as the exclusive distributor for Greenie Medi Cold Chain Box in Malaysia last month. 

At the same time, it was also appointed as an authorised distributor for the product in Brunei, Myanmar, Cambodia, Timor-Leste, Indonesia, Laos, the Philippines, Singapore, Thailand and Vietnam. 

Bintai Kinden said both agreements were not expected to have any material effect on the issued and paid up share capital of Bintai Kinden, but were expected to contribute positively towards the future earnings of the group.– Bernama, February 2, 2021 

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