Making a point: Tan Kai Hee (left), chairman Tan Sri Osman S. Cassim and COO Tan Keng Kang (right) at a press conference after the AGM.
KUALA LUMPUR: Facing escalating costs and slower domestic consumer demand, Hai-O Enterprise Bhd seeks to grow its business in cooperation with partners in China via new investments, according to managing director Tan Kai Hee.
A new venture entails the opening of a traditional Chinese medicine (TCM) clinic in Malaysia to treat diabetes patients. This new business segment is the result of a joint venture with a Chinese health food operator in Chengdu, the capital of Sichuan province in southwest China.
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