We are delighted to announce that IDS Medical Systems Group (idsMED) and Skin M.D. Pte Ltd (Skin M.D.) have reached agreement for idsMED Singapore and idsMED Malaysia to acquire the medical aesthetics distribution business of Skin M.D. The transaction was completed on 20thNovember 2017.
The management and staff from Skin M.D. led by Gladys Cheng, Founder and Managing Director, will all join idsMED. The business will continue to be headed by Gladys and with the support and infrastructure of idsMED in Asia, will continue to provide the highest of service to all customers. The local management team, with Managing Director Sally Ng will work hand in hand with Gladys under the guidance of regional management led by Rufi Susanto, President – Core Markets, to drive the business and growth of the medical aesthetics business across Asia.
The M&A positions the idsMED Group strongly in the fast-growing Medical Aesthetics space and opens up numerous opportunities across the region.
SKIN M.D. is a leading distributor of aesthetics equipment, focusing on medical aesthetics lasers and devices in South East Asia with offices in Singapore and Malaysia. The company represents some of the key brands such as Lutronic, Syneron, Cutera, Norseld, Classys, Viol amongst many others.
Welcoming our new family members
17th and 20th November 2017 marked two special days for idsMED Malaysia and idsMED Singapore as they warmly welcomed the newest family members of idsMED Group, the management and staff of Skin M.D. to their offices following the Group’s very recent acquisition of South East Asia’s leading distributor of aesthetics equipment.
idsMED Singapore started its day with a welcome note from Danny Pradhana and Lu Lu Cheng, from Human Resources Department, followed by the tour of our Teletech Park office. This then was followed by an official signing ceremony between IDS Medical Systems and SKIN M.D., which was officiated by Ben Chang, CEO of idsMED Group; Rufi Susanto, President – Core Markets; Sally Ng, VP and Managing Director - Singapore and Gladys Cheng, the Founder and erstwhile Director of Skin M.D.
Following the signing ceremony, a selected gathering of Singapore’s Management team, the new staff at idsMED Singapore and the staff from Skin M.D. attended a mini-Townhall by our CEO, Ben Chang, and Welcome Presentations from Rufi, Sally and Gladys.
Prior to the signing ceremony in Singapore, IdsMED Malaysia also held a wonderful welcoming program on Friday, 17 November 2017 for the new family members from Skin M.D which started with an orientation program about the idsMED Group and followed by inspiring welcome speeches from Ben and Rufi. The day was closed with a simple and warm dinner held in idsMED Shah Alam office to celebrate the special occasion.
Congratulations to the entire idsMED Singapore and idsMED Malaysia teams! Let us extend a very warm welcome to the new family members and wish them an exciting and a memorable journey with idsMED.
