The Sun Daily: “Enviro-Hub’s R Pharmacy makes debut in Malaysia”
KUALA LUMPUR: Singapore-listed Enviro-Hub Holdings Ltd, which opened its first R Pharmacy here on Saturday through 40% jointly owned subsidiary Pastel Care Sdn Bhd, plans to invest RM12.5 million to set up 25 outlets of R Pharmacy in Malaysia by year-end.
Enviro-Hub has a diverse portfolio that includes trading, recycling and refining of e-waste/metals, piling contracts, construction, rental and servicing of machinery, property investment and management, as well as plastics to fuel refining.
In 2021, Enviro-Hub diversified into the healthcare business with its acquisition of Malaysia’s Pastel Glove, marking the group’s foray into glove manufacturing. This year, the group is expanding into the healthcare consumables sector with the opening of retail pharmacies in Malaysia under the R Pharmacy brand.
R Pharmacy CEO Adrian Toh said its outlet in Bukit Jalil is the first out of six in the pipeline and a total of 25 outlets targeted by the end of the year.
“We are able to do that because of the recipe. We already know the next step. We’ve already designed the whole mechanism for the storefront, the hiring of people, inventory, the whole process we just need to replicate,” Toh told SunBiz at the opening of R Pharmacy at the weekend.
With a concept aimed at millennials “to excite the market” in Malaysia, R Pharmacy is not a franchise, said Toh.
“It’s because we don’t want our stores to be different. When people take over your franchise, they might operate it in their way. Everything might be very different. Defeats the whole meaning and purpose of R Pharmacy.”
Toh saw great potential in the pharmacy business in the country when Covid-19 happened as people became more health-conscious. He also saw many people take supplements that might not be suitable or that could be harmful to them.
To read full article written by The Sun Daily, please visit the following link:
“Enviro-Hub’s R Pharmacy makes debut in Malaysia“
