Thomson Reuters Business Description
Hai-O Enterprise Berhad is engaged in the wholesaling and retailing of herbal medicines and healthcare products and investment holding. The Company operates in five segments: wholesale, which include wholesaling and trading in herbal medicines and healthcare products, herbs and tea; multi-level marketing, which include operating multi-level direct marketing of health food, healthcare, wellness and beauty products; retail, including retail chain stores; manufacturing, which include manufacturing, producing and distributing pharmaceutical products and health food, and technology, which provide heat transmission and energy saving technology. The Company is also operating in leasing of machinery and equipment, licensed money lender, insurance agent, advertising services, rental income and investment holding. The Company’s subsidiaries include Grand Brands (M) Sdn. Bhd., Hai-O Credit & Leasing Sdn. Bhd. and Hai-O Energy (M) Sdn. Bhd.
