Listing Detail:
Listing Sought: ACE Market
Issue Price: RM 0.20
Par Value: RM 0.05

Dates:
Offer Period Open: 26-03-15
Offer Period Close: 02-04-15
Tentative listing date: 14-Apr-15

Number of shares:
Public Issue: 20,000,000
Offer for Sale: -
Private Placement: 80,000,000

Stock Code: BIOHLDG

Official Announcement

PUBLIC ISSUE OF 100,000,000 NEW ORDINARY SHARES OF RM0.05 EACH IN OUR COMPANY (“SHARES”) AT AN ISSUE PRICE OF RM0.20 PER SHARE PAYABLE IN FULL UPON APPLICATION IN CONJUNCTION WITH OUR LISTING ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD COMPRISING:

• 20,000,000 SHARES AVAILABLE FOR APPLICATION BY THE PUBLIC ; AND
• 80,000,000 SHARES BY WAY OF PLACEMENT TO SELECTED INVESTORS.

Company Overview

Bioalpha Holdings Berhad, an investment holding company, manufactures and sells semi-finished formulated ingredients in Malaysia. The company offers raw materials comprising Cordyceps Sinensis Mycelium powder, Linosus Rhinocerus Mycelium powder, and various medicinal herbs. It is also involved in the research and development, original design manufacturing, and sale of finished health supplement products in various packaging forms, such as sachets, teabags, capsules, liquids, tablets, and bottles.

The company’s house brand products consist of Bexlim, Nushine, Bioapotec, Alphanex, Apotec, and Bioa. In addition, it engages in the cultivation, farming, and processing of various herbs, including turmeric, ginger, kacip fatimah, hempedu bumi, misai kucing, dukung anak, and roselle; development of herb farms and sale of herbs related products; and trading and management of retail pharmacy and outlets under the trade names of LifeSprings and Lifestyle & Wellness.

Further, the company is involved in the provision of Halal health supplement formulations consisting of men's health, women's health, anti-aging, immune booster, and weight loss formulas; contract manufacturing of health supplements; fermentation of medicinal mushrooms; marketing and distribution of health supplement products; and contract farming services of herbs.

Additionally, it extracts and processes novel biologically active compounds from natural sources, and develops herbal nutraceutical formulations, such as functional food and drink products. The company offers its products through distributors for onward sale to third party retail pharmacies; other food and health retail outlets; company owned retail outlets; third party suppliers for onward sale to health supplement manufacturers and retailers; and directly to other health supplement manufacturers, as well as exports its products. Bioalpha Holdings Berhad was founded in 2005 and is Bandar Baru Bangi, Malaysia.

Address & Contact:
No. 10, lalan P/9A
Seksyen 13
Bandar Baru Bangi,  43650
Malaysia

Phone: +603 8925 1222
Website: http://www.bioa.net
Email: info@bioa.net (General)