About Us

Establishment of LAC Medical

LAC Medical was incorporated in 2003 and commenced business operations in 2004. The company was initially involved in the supply of medical goods and equipment.

Imaging Films Expansion

We expanded our product portfolio for the supply of imaging films in Malaysia. These imaging films were used in film-based radiography to capture X-ray images, which were then processed in a darkroom to develop the picture.

Computer Radiography

We expanded into the supply of medical devices, namely computer radiography in 2006. Computer radiography uses a phosphor plate to capture the image compared to film-based radiography. The plate is then removed and placed onto a reader to process the image into digital format.

GE Healthcare IT Partnership

• •We secured the distributorship from GE Pacific Pte Ltd for the distribution of healthcare IT software for radiology in Malaysia. We subsequently also secured another distributorship from GE Healthcare Pte Ltd for the distribution of medical equipment in Malaysia in 2014.
• •⁠In the same year, we expanded our services to include the supply and integration of medical equipment for a medical centre, specifically installing 5 ceiling-mounted fixed X-ray units (including integration, space renovation and M&E works).

Samsung Imaging Partnership

• •We further expanded our range of medical devices when we were appointed as a distributor by Samsung Electronics Co., Ltd for the distribution of X-ray machines in Malaysia. As at the LPD, this is a subsisting distributorship.
• •⁠In the same year, we were also appointed as a distributor by Samsung Medison Co., Ltd. in Malaysia for the distribution of ultrasound machines in Malaysia.

CVS Medical Founded

CVS Medical was incorporated and commenced business as a medical device distributor when we secured the distributorship from Philips Malaysia. We subsequently secured a distributorship from Philips for the supply of MRI machines, as well as radiography equipment including CT scanners.

Philips Partnership

We secured a distributorship from Philips for the supply of MRI machines, as well as radiography equipment including CT scanners.

Hospital Integration Project

We secured a contract with a private healthcare institution to provide imaging equipment. We were responsible for the supply and integration of the imaging equipment including radiographic equipment, ultrasound and MRI machines. This hospital is the first showcase location in the Asia Pacific region for the MRI machine.

AI Medical Imaging & MRI Enhancement

• •We secured the distributorship from Annalise-AI Pty Ltd for the distribution of 'annalise.ai' software for medical imaging in Malaysia. We also secured the distributorship from AIRS Medical Inc. for the distribution of 'SwiftMR', a software solution to improve efficiency and image quality of MRI scans.
• • ⁠In the same year, we also secured the distributorship from AIRS Medical Inc. for the distribution of ‘SwiftMR’, a software solution to improve efficiency and image quality of MRI scans in Malaysia. This software solution can be integrated into the existing MRI machines. As at the LPD, this is a subsisting distributorship.

Stryker Partnership & Indonesia Expansion

• •We expanded our range of products when we secured a distributorship from Stryker EMEA Supply Chain Services B.V. for the distribution of Stryker brand of neurovascular devices such as catheters, stents and embolisation coils in Malaysia. As at the LPD, this is a subsisting distributorship.
• • ⁠As part of our strategies and plans to expand our geographical market, in December 2024, we incorporated PT Fairmed in Indonesia. The company set up its Indonesian office in 2025, to undertake the supply and integration of medical devices, and related products and services in Indonesia.

GoCloud Acquisition & Strategic Alliances

We acquired GoCloud and intend to expand our services to provide MEAMS. We secured several major distributorship agreements:

• •Abbott Laboratories (Malaysia) Sdn Bhd for the supply of immunoassay reagents and haematology instruments to public hospitals, and for the integration of their software solutions with laboratory equipment for private hospitals.
• •LG Electronics Inc. for the distribution of medical diagnostic display monitors.
• •Hill-Rom, Inc. for the distribution of Baxter brand of diagnostic devices.
• •Alpinion Medical Systems Co., Ltd for the distribution of ultrasound equipment in Indonesia.
• •Bayer Co. (Malaysia) Sdn Bhd for the distribution of contrast media injection system and consumables in Peninsular Malaysia.

We commenced our new EaaS segment upon entering into an agreement with KPJ Healthcare Berhad for the provision of picture archiving and communication software services covering 30 hospitals.