Hai-O
The Chinese herbs and medicine retailer and wholesaler is signing a five-year MoU today to help Majlis Amanah Rakyat promote products manufactured by bumiputra entrepreneurs locally and in China. It will also assist these entrepreneurs on business opportunities in China and identify suitable products from China to be imported and marketed in Malaysia. The company is stepping up efforts to penetrate the large Malay population, which accounts for about 60% of the national market. Besides the core Chinese medicine, the group has also diversified into other activities, such as healthcare products, watches and computers.