Catalist-listed Metal Component Engineering announced that its shareholders have approved the company’s proposed name change to Meta Health Limited, following the company’s extraordinary general meeting held on Jan 17. This name change will come into effect from Jan 17.
This move is in line with the company shifting its business direction towards the healthcare and e-commerce industry. Its diversification started in 2021, where it took steps to diversify its business offerings beyond mechanical manufacturing solution and invested actively in target companies operating in the health and wellness sectors, as well as e-commerce business.
In response to its new focus, the group is also welcoming the appointment of Dr Bernard Ng Kee Huat as an executive director of 5Digital, the group’s digital health platform.