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.
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.
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.
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.
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.