Selia-Tek Medical

Selia-Tek Medical is the subsidiary of Selia-Tek Industry, an expert in plastic precision injection moulding. The management team leveraged that expertise to become a leading manufacturer of disposable medical devices such as syringe, IV catheter, and is now commercializing its internally developed vacuum blood container.

Website
www.selia-tek.com

CEO
Dato’ Kasim Sotin

 
Headquater
Kota Damansara, Selangor

Invested since
2017


STMSB was well positioned for a potential growth as a recognized global medical device supply chain in Malaysia. To further support the company’s strategic development, VentureTECH assisted STMSB in gearing the internal governance towards amelioration.

By utilizing VentureTECH’s extensive network, accelerated expansion of the business has been made possible via collaboration with another healthcare-based business to manufacture STMSB’s new products into its pipeline.

As a result, PAT recorded an increase by 85.9%, with profit margins expanding from 6.1% to 11.5% since the first investment made in year 2017.