PETALING JAYA: Oasis Home Holding Bhd
, via its wholly-owned subsidiary Oasis Swiss Pte Ltd, has entered into a joint venture (JV) agreement with SGGMY Services Pte Ltd to strengthen its presence in Singapore’s fast-growing content-driven, livestream commerce and e-commerce market.
In a filing with Bursa Malaysia, Oasis Home said the JV agreement with Singapore-based SGGMY offers the potential to distribute products through online channels primarily TikTok, content creation and live streaming, as well as to explore other offline channels.
It said a JV company, namely Oasis Alliance (S) Pte Ltd, has been incorporated in Singapore for the purpose of the JV.
“The partnership combines Oasis’ product portfolio and product expertise with SGGMY’s capabilities in content creators training, live host management, and e- commerce operations, thereby strengthening the JV company’s ability to market and distribute products effectively, while enhancing the group’s growth opportunities and market reach in Singapore.”
“Barring any unforeseen circumstances, the proposed JV is expected to be completed by the second quarter of 2026.”
