KUALA LUMPUR: Astaka Holdings Ltd has launched health technology brand SOL as the Singapore-listed group shifts its focus to the HealthTech sector following the disposal of its property development business last month.
The group said SOL will initially target Malaysia and Singapore, with plans to expand into seven additional Asian markets within three years.
These include China, Indonesia, Vietnam, Thailand and India, subject to market readiness and regulatory requirements.
SOL's products use light-activated nanotechnology aimed at improving indoor environmental quality.
The brand launched its first product on Tuesday, a lighting product aimed at reducing certain bacteria, mould and odour-causing substances indoors.
Astaka also plans to introduce products for commercial and public-sector applications, including healthcare facilities, food processing plants, public transport facilities, offices and schools.
The products were developed in collaboration with Johor-based Evergrown Holdings Bhd, which manufactures HealthTech lighting products using its in-house technology.
Astaka chief executive officer Allen Khong said the group expects the new business to tap demand for indoor environmental and air quality solutions in Singapore and other Asian markets.
“We have started accepting registrations of interest on SOL's official website today, and the first SOL shipments are expected in November 2026,” he said.
“Our plan is to launch first in Singapore and Malaysia, and within three years, we plan to expand into seven additional markets across Asia.”
Astaka announced plans to enter the HealthTech sector in February this year and signed an exclusive agreement with an Evergrown subsidiary to manufacture and supply sterilisation LED electrical equipment to the group in Singapore.
On Oct 2, Astaka and Evergrown entered into a novation and supplemental agreement that expanded the geographical and product scope of their collaboration.
Under the agreement, Astaka's wholly owned subsidiary SOL Tech (S) Pte Ltd was granted worldwide marketing, sales and distribution rights for a broader range of Evergrown electrical equipment.
SOL Tech was also given the first right to market and sell new products developed by Evergrown.
Meanwhile, Evergrown chief executive officer Nelson Lim said its products are currently used at 11 hospitals and 20 public schools in Malaysia.
“Through our collaboration with Astaka Holdings and SOL, we hope to make the technology more accessible and help more people improve the spaces in which they live, work and learn,” he said.
Astaka said SOL's AuraProtect technology combines a nano-functional coating with a light-activation process, with the coating activated when the light is switched on.
The company said tests showed the technology could help reduce certain bacteria, mould and odour-causing substances indoors.
Astaka completed the disposal of its property development business, comprising Astaka Padu Sdn Bhd and its subsidiaries, on Sept 3, marking its exit from property development and shift towards HealthTech through SOL Tech.
