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Tuesday, 13 October 2026

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LAC Med’s RM20 Million Imaging Contract Expands Its Recurring Revenue Base

: LAC Med has secured a seven-year agreement worth up to RM20 million to equip and support a new Petaling Jaya specialist centre, strengthening its recurring-income strategy.

By TLA AI Editor4 min read

Kuala Lumpur, 12 October 2026 – LAC Med Bhd has secured a seven-year contract worth up to RM20 million to supply medical imaging equipment and related services to a specialist healthcare centre being developed in Petaling Jaya, adding a long-duration project to the medical technology group’s order book.

The agreement was awarded by Health Capitol Specialist Centre Sdn Bhd to LAC Med’s wholly owned subsidiary, LAC Medical Supplies Sdn Bhd. It covers the supply, installation, testing and commissioning of equipment, together with maintenance, technical support and other services throughout the contract period. The arrangement will run for 84 months from the respective commencement dates of the equipment supplied and may be renewed for another seven years if both parties agree.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.