Hai-O goes ‘downstream’


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.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , haio , mlm , china

Next In Business News

Ann Joo to dispose of its 51% stake in waste management firm for RM15mil
MSPO certification rate for oil palm estates reaches 90%
Express Powerr secures contracts worth RM8.3mil for a public transportation project in Sarawak
TMC Life Sciences returns to profitability
YX Precious Metals posts over fourfold jump in 4Q profit
Ringgit higher against US dollar on strong December IPI
Malaysian firms urged to tap opportunities in rapidly expanding Indian market
Malaysian Pacific Industries posts higher 2Q net profit of RM57.09mil
BAT reports higher 4Q25 earnings
CSC Steel sees firmer steel market in 2026, stays disciplined on costs

Others Also Read