Malaysia's RM1 billion healthcare digitalization programme: electronic medical records mandate for 150 hospitals and 2,000+ clinics by 2029

This page is not a public tender. The source is a corporate press release published on 7 October 2026 via GlobeNewswire. In it, BioNexus Gene Lab Corp. (Nasdaq: BGLC) announces a definitive agreement, signed on 5 October 2026 with Ruanyun Edai Technology Inc. (Nasdaq: RYET), for an exclusive Malaysian healthcare licence to RYET's CogniAI document-intelligence platform. No contracting authority, procurement notice, tender documents, lots, selection criteria, award criteria or submission deadline are published.

The release refers to a Malaysian government programme to digitalize public healthcare. According to the release, in August 2026 the government raised its allocation for this programme to RM1 billion. The programme covers electronic medical records and connectivity at 150 hospitals and more than 2,000 health clinics. The Ministry of Health has said public hospitals and health facilities nationwide are to have electronic medical records by 2029. The release states that BGLC has not been awarded any government contract and that any public-sector work would depend on government procurement. It names no specific procurement procedure, buyer contact, value, contract duration or timetable.

The licence terms in the release are: Ten years of exclusivity for healthcare in Malaysia from closing, with two five-year renewal options. Consideration of 410,000 BGLC common shares, stated as US$3.5 million. A further share exchange of 150,000 BGLC shares for 500,000 RYET shares. A 10% royalty to RYET on defined technology receipts actually collected. Personal data must be hosted in Malaysia, with no RYET Group access from outside the country. RYET must deliver the technology by 4 December 2026. BGLC will then run acceptance testing. Either non-defaulting party may terminate if closing has not occurred by 31 March 2027, unless extended.

CogniAI is described as a platform that recognizes, classifies and extracts information from documents. It is intended for digitizing paper and scanned medical records. No EUDI Wallet, eIDAS or digital identity scope is mentioned.

No bidder requirements can be extracted from this source. Any procurement for Malaysia's healthcare digitalization programme, including its scope, eligibility rules, evaluation criteria and deadlines, has yet to be published by the relevant Malaysian public authority.