HWGB expands into organic skincare market

From left: Ho Wah Genting Bhd group executive chairman Datuk Aaron Lim Ooi Hong, Advance Apotheke Sdn Bhd director Leong Oi Heng, Ho Wah Genting executive director Bernard Lim Wee Kiat and Advance Apotheke director Lee Mun Joe.

KUALA LUMPUR: Ho Wah Genting Bhd’s wholly owned subsidiary, HWGB Capital Sdn Bhd has proposed to acquire a 55% stake in Advance Apotheke Sdn Bhd (Apotheke).

Apotheke operates in the fragrances, beauty skincare, and related products sector. The issued share capital of Apotheke is RM500,000 comprising 500,000 ordinary shares.