Bioalpha buys Guizhou for RM13mil


PETALING JAYA: Bioalpha Holdings Bhd has completed its acquisition of China-based supply chain management services provider Guizhou Hongbo Supply Chain Co Ltd for RM12.85mil.

In a filing with Bursa Malaysia, ACE Market-listed Bioalpha said Guizhou Hongbo’s operations included supply chain management services that involved food processing and productions, food management, general trading which includes import and exports as well as agricultural-related services and warehousing.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

YTL’s Francis Yeoh, Eu Yan Sang’s Anne Eu receive lifetime achievement awards in London
Doubts over Viet reform drive
Leadership exodus tests Malaysia’s digital banks
Capitalising on the tourism momentum
South African beauty market gets makeover
Navigating Fed uncertainty
Indonesia MSCI alert sends ripples to Malaysia
Chinese tea chains pour into US
Blazing a trail for fire safety
Bond buys fall flat

Others Also Read