Medtecs International Corporation, via its wholly-owned subsidiary Medtecs (Asia Pacific), has entered into a joint venture agreement with ACO International to establish their relationship as shareholders of a personal protective equipment (PPE) production facility.

The facility, named Resilient Medical, was incorporated by Medtecs (Asia Pacific) on Jan 18 with an issued and paid-up capital of $1,000 comprising 1,000 shares, which the company holds entirely.

In a filing to SGX on March 2, Medtecs stated that Resilient Medical will undertake the development of a fully vertically integrated PPE platform including product development, manufacturing, sales and distribution.

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