AJJ MEDTECH Secures S$3 Million Institutional Contract for Biodegradable Medical Consumables

NewTimeSpace News,On March 9, AJJ MEDTECH HOLDINGS LIMITED, a Singapore-listed enterprise, announced that its wholly-owned subsidiary AJJ Healthcare Management Pte. Ltd. has signed a four-year supply contract for biodegradable medical consumables valued at approximately S$3 million with a network of Singaporean healthcare institutions, effective June 1.

NewTimeSpace News:On March 9, 2026, AJJ MEDTECH announced that its wholly-owned subsidiary AJJ Healthcare has successfully entered into a cooperation with a network of Singaporean healthcare institutions, securing a long-term supply contract for biodegradable medical consumables worth around S$3 million.

According to the announcement, the contract will take official effect on June 1, with an initial term of two years and an option to extend for an additional two years, bringing the total contract period to four years. AJJ MEDTECH stated that the contract focuses on the supply of biodegradable medical consumables, which will not only further consolidate the company's position in Singapore's institutional healthcare ecosystem, but also align closely with the company's long-term sustainable development strategy, supporting Singaporean healthcare institutions in practicing environmentally friendly procurement concepts.

It is reported that this contract is one of a series of institutional tenders recently won by AJJ Healthcare. Combined with several newly announced multi-year supply agreements for medical and laboratory consumables, the company's cumulative value of institutional contract orders has now exceeded S$8 million, with contract terms ranging from three to five years.

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