Source: Uscom/YouTube
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Uscom (UCM) appoints Ng Jih Nang as the South East Asian Distribution and Business Development (BD) Manager
  • Mr Ng is an experienced medical distributor and business manager with over 20 years of Asian medical technology sales and BD experience with companies like GE and Philips
  • The appointment is a cornerstone development for Uscom in the fastest growing regional economies of the world, the company says
  • It is also part of the company’s strategic global expanded distribution as new products are developed for international markets
  • Shares in Uscom hold steady at six cents as of 11:07 am AEST

Uscom (UCM) has appointed Ng Jih Nang as the South East Asian Distribution and Business Development (BD) Manager.

Mr Ng is an experienced medical distributor and business manager with over 20 years of Asian medical technology sales and BD experience with companies like GE and Philips.

The appointment is said to be a cornerstone development for Uscom in the fastest growing regional economies of the world.

It is also part of the company’s strategic global expanded distribution as new products are developed via the recent Foxconn partnership in Beijing for international markets.

Executive Chairman Professor Rob Philips said Mr Ng’s appointment marked the company’s consolidation of its Asia and ASEAN distribution after establishing a regional headquarters (HQ) in Singapore.

“Mr Ng’s targets are simply to increase regional sales; he will drive results from our current distributors, identify and partner with new distributors of scale, and expand Uscom sales into regions which as yet are untouched,” he said.

“It will be great to have a local familiar with the culture and languages of the different SE
Asian markets, and we look forward to Mr Ng rapidly growing our SE Asian revenues.

“The listing of USCOM, BP+ and SpiroSonic on SMDR will allow Mr Ng to begin sales in Singapore, as regional registrations continue for all products across all SE Asian jurisdictions.”

While global markets may be unpredictable in their recovery, more distributors and more products and tighter management will allow Uscom to build sales revenue even if some regional economies remain anaemic, the company said.

Mr Ng will be employed through Uscom’s new Singapore Regional HQ.

The Singapore Medical Device Register (SMDR) listed the USCOM 1A, BP+ and SpiroSonic devices for sale in Singapore under the supervision of the Singapore Health Sciences Authority.

Shares in Uscom held steady at six cents as of 11:07 am AEST.

UCM by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX holds green gains and signs off in the sunshine

The ASX200 closed .6 of a per cent up with every sector finishing in the green…
The Market Online Video

Infini Resources gearing up for UAV geophys survey over Portland Creek

Infini Resources has announced its execution of an application for UAV-based geophysical surveys over its Portland…

Week 18 Wrap: Fed prompts joy and pain; modern monetary theory gains traction & Brent takes a breather

The big stories that mattered in Week 18 of 2024 – plus a selection of headlines…