DXN to set up stockists in new markets

DXN Holdings Bhd, the soon-to-be-listed home-grown cultivator, producer and marketer of ganoderma lucidium (Lingzhi mushroom) products, expects to expand into the United States, the Middle East and Europe by 2005. 

As a stepping-stone to penetrate the US market, the group recently established a branch in Canada and a subsidiary in Mexico. It also targets to increase the number of major stockists in the United States to 80 by 2004 and 100 by 2005.