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Spurring biotech firms to go for listing

The authorities are expected to introduce rules which will make it easier for biotechnology firms to be listed on Bursa Malaysia while encouraging venture capitalists and other financial intermediaries to be more active in funding biotech ventures.


Hi-City pumping RM5mil into plant

Hi-City Bioscience Group Bhd will invest more than RM5mil this year in a new facility in Sungai Bakap to produce healthcare products.


CNI expects double-digit profit growth this year

CNI Holdings Bhd expects double-digit growth in profits this year on the back of a growing direct selling industry, according to executive director Sam Cheong Chin Tai.


News in brief

News briefs on: TSH Resources, Kejuruteraan Samudra Timur, Astro, CB Industrial Product and DXN Holdings.


INS Bioscience to expand overseas

BACKED by a budget of some RM7mil, INS Bioscience Bhd, which produces wheat grass-based health supplements, plans to take its products to China, the United States and West Asian markets later this year.


Nutritional products to boost CNI revenue

MULTI-LEVEL marketing company CNI Holdings Bhd plans to manufacture nutritional products in the next two to three years in a bid to increase its earnings base and product range, said executive director Sam Cheong Chin Tai.


CCM plans to set up ops in Asean countries

CHEMICAL Co of Malaysia Bhd (CCM) plans to venture into pharmaceutical manufacturing operations in Asean countries this year.


GBA revenue to reach RM100mil in 4 years

HOME grown distribution, sales and marketing company GBA Corp Sdn Bhd expects to turn in revenue of RM100mil, from RM65mil currently, in the next four years, said chief operating officer Mohan Alagappar.


Herbal meet to strengthen branding

The four-day Herbal Asia 2005 beginning Sept 15 will be an arena for entrepreneurs in the herbal industry to strengthen their branding, marketing, product and services.


Shaklee to set up two centres in Taiwan

Direct-selling health products company Shaklee Products (Malaysia) Sdn Bhd plans to establish two distribution centres in Taiwan - one each in Taipei and Kaohsiung - next year, Shaklee International Inc. president Grant Pace said.