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Business

Bioalpha seeks out international markets through Alibaba platform

KUALA LUMPUR: Bioalpha Holdings Bhd, which has a gold supplier status on Alibaba’s business-to-business e-commerce platform, aims to increase awareness of its products and services globally, with the objective to further expand its export sales.

Business

NetEase to spend about US$11bil on goods for e-commerce unit

BEIJING: NetEase Inc, China’s second-largest video game publisher, is deepening a push into e-commerce with plans to increase spending on products from the US, Europe and Japan to sell to local consumers.

Business

Offer for Hovid deemed fair and reasonable

PETALING JAYA: The takeover offer for pharmaceutical firm Hovid Bhd by its major shareholders at 38 sen per share has been deemed “fair and reasonable,” according to the company’s independent adviser AmInvestment Bank.

Business

Spritzer eyes export markets, to place out stake to Singapore fund

PETALING JAYA: To further expand its overseas markets, Spritzer Bhd has proposed to place out a substantial stake of its share base to a Singapore-based strategic investor called Dymon Asia Private Equity (Dape).

Corporate News

Bioalpha to drive export sales to China

KUALA LUMPUR: Bioalpha Holdings Bhd has launched a series of new halal-certified health supplement products in China to cater for the country's Muslim-majority provinces.

Business

Bioalpha: New products in China to boost export sales

PETALING JAYA: Bioalpha Holdings Bhd aims to leverage on China’s underserved demand for halal health products, as it launched its latest series of health supplements in the country.

Business

Sunzen re-enters into share sale agreement with Ecolite

PETALING JAYA: After having resolved past issues that prevented a deal between the vendors of Ecolite Biotech Manufacturing Sdn Bhd and Sunzen Biotech Bhd, the latter has now re-entered into a share sale agreement with Ecolite.

Business

Nestle rules out raising stake in L’Oreal

ZURICH: Nestle SA ruled out raising its stake in L’Oreal SA, saying it wants to keep all other options open. While the Swiss company said it’s committed to the French cosmetics maker for now, the move could be the prelude to a divestment.

Business

Helping brands build sales loyalty via e-commerce

DENTSU Aegis Network Malaysia has unveiled its latest findings aimed at helping brands build sales loyalty through automatic online replenishment of goods.

Business

CCM Duopharma aims to move up to second spot

BANGI: CCM Duopharma Biotech Bhd aims to move up its ranking as the second among top 10 pharmaceutical companies in Malaysia by value in the next 24 months from third currently, behind Merck Sharp and Dohme Sdn Bhd and Pfizer Pharmaceutical.