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,In a filing with Bursa Malaysia, InNature, a regional retailer carrying The Body Shop and Natura brands, said it had entered into a share purchase agreement with Natura AP for the disposal.

KUALA LUMPUR: Innature Bhd is disposing of its entire shareholding in wholly-owned subsidiary Ola Beleza Sdn Bhd to Natura Co *** etics Asia Pacific Pte Ltd (Natura AP) for RM2.04mil.

In a filing with Bursa Malaysia, InNature, a regional retailer carrying The Body Shop and Natura brands, said it had entered into a share purchase agreement with Natura AP for the disposal.

Natura AP is a member of Natura & Co, a multinational co *** etics and personal care corporation carrying the brands of Natura, The Body Shop, Aesop and Avon.

Commenting on the disposal, InNature group managing director Datin Mina Cheah-Foong said the disposal was a mutual decision, having considered the evolving operating environment post-pandemic.

“Following the completion of the disposal, Natura & Co will take over the Natura business in Malaysia, whereas InNature will focus on growing further our core business in all our markets,” she said in a statement yesterday.

Ola Beleza is in the business of distribution and commercialisation of certain Natura products in Malaysia.


转载说明:本文转载自Sunbet。 环球UG声明:该文看法仅代表作者自己,与本平台无关。转载请注明:Telegram群聊机器人(www.tel8.vip)_InNature sells Ola Beleza
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