KUALA LUMPUR: Bioalpha Holdings Bhd, which officially commenced trading on the Ace market of Bursa Malaysia today, is all set to penetrate the Middle East by mid-2015.
Speaking to reporters after the listing here, Managing Director Hon Tian Kok said the health supplements company had last year, signed a memorandum of understanding with Fatima Group of the United Arab Emirates (UAE).
Fatima Group, with over 20 hypermarkets throughout the UAE, will act as the distributor of Bioalpha's product's in the country.
"We are now in the midst of registering our herbal products with the relevant department in Dubai and once approved, exports to the UAE will begin," Hon said.
At the opening, Bioalpha Holdings's shares rose 30 sen with 8.49 million transacted. - Bernama
Stock: [BIOHLDG]: BIOALPHA HOLDINGS BERHAD
2015-04-14 15:27 | Report Abuse
KUALA LUMPUR: Bioalpha Holdings Bhd, which officially commenced trading on the Ace market of Bursa Malaysia today, is all set to penetrate the Middle East by mid-2015.
Speaking to reporters after the listing here, Managing Director Hon Tian Kok said the health supplements company had last year, signed a memorandum of understanding with Fatima Group of the United Arab Emirates (UAE).
Fatima Group, with over 20 hypermarkets throughout the UAE, will act as the distributor of Bioalpha's product's in the country.
"We are now in the midst of registering our herbal products with the relevant department in Dubai and once approved, exports to the UAE will begin," Hon said.
At the opening, Bioalpha Holdings's shares rose 30 sen with 8.49 million transacted. - Bernama