Namwiwat Medical Corporation (Nam), a Thai sterilised medical equipment maker and seller, aims to become a key manufacturer on the global stage by partnering with national oil and gas conglomerate PTT Plc following a successful expansion in Southeast Asia.
The company recently sold a 17.6% stake worth 800 million baht to PTT and is preparing to raise more funds through an initial public offering (IPO), said Viroj Chaiturdkiet, chief executive of Nam.
PTT is strengthening its position in the healthcare business through its biotechnology subsidiary Innobic (Asia), which earlier forged an agreement with the Government…
