Ho Wah Genting Enters Organic Skincare Market With RM2.4m Acquisition
Ho Wah Genting Enters Organic Skincare Market With RM2.4m Acquisition
The acquisition will be funded through a proposed fund-raising exercise by HWGB's holding company.Ho Wah Genting Bhd (HWGB) has entered a conditional share sale agreement to acquire a 55% equity interest in Advanced Apotheke Sdn Bhd, specialising in organic skincare products.
Ho Wah Genting Bhd（HWGB）已簽訂有條件股票出售協議，收購專門生產有機護膚產品的Advanced Apotheke Sdn Bhd的55％股權。
The RM2.4 million acquisition replaces a previous memorandum of understanding.
240萬令吉的收購取代了之前的諒解備忘錄。
Advanced Apotheke, established in 2010, operates through various channels and carries renowned brands like Neal's Yard Remedies and Jurlique.
Advanced Apotheke成立於2010年，通過各種渠道運營，旗下知名品牌，例如Neal's Yard Remedies和Jurlique。
The acquisition will be funded through a proposed fund-raising exercise by HWGB's holding company.
此次收購將通過HWGB控股公司的擬議籌款活動提供資金。
The move aligns with HWGB's growth strategy in the healthcare sector and is expected to contribute positively to future earnings.
此舉符合HWGB在醫療保健領域的增長戰略，預計將爲未來的收益做出積極貢獻。
The acquisition is anticipated to be completed by the first quarter of 2026, positioning HWGB in the organic skincare industry and reflecting its commitment to sustainable business practices.
此次收購預計將於2026年第一季度完成，使HWGB進入有機護膚行業，並反映其對可持續商業行爲的承諾。
譯文內容由第三人軟體翻譯。
