PETALING JAYA: Unnoticed by many, the share price of wellness and multi-level marketing (MLM) company Hai-O Enterprise Bhd has continued to rise, fuelled by a growing distributor base and strong demand for its food and beverage as well as fashion and beauty products.
While seen predominantly as a defensive stock because of its high dividend yield, Hai-O’s share price has behaved more like a high-beta or volatile stock.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!