Press Releases
Year:   
   
 
 
New Hai-O strategies to lift MLM operations
Oct 01, 2010
Source : The Star Business

PETALING JAYA: Hai-O Enterprise Bhd’s first-quarter results were below analysts and consensus estimates, spurring market concern on the company’s performance, going forward. However, Hai-O management has ensured that it is ready with various strategies to strengthen its business.

 
 
Hai-O 1Q earnings slump 57pct to RM7.84m
 
Sep 29, 2010
Source : The Edge Malaysia
 
KUALA LUMPUR: HAI-O ENTERPRISE BHD’s net profit fell 57% to RM7.84 million in the first quarter ended July 31, 2010 from RM18.52 million a year ago as the multi-level marketing (MLM) division recorded lower revenue.

 
Nine M’sian firms make it to Forbes’ Best under a Billion
 
Sep 03, 2010
Source : The Star Business
 
SINGAPORE: Nine Malaysian companies made it to the Forbes Asia’s Best under a Billion list this year compared with eight companies last year, according to Forbes Asia.

 
Hai-O signs research agreement with UTAR
 
Aug 24, 2010
Source : The Star Business
 
KUALA LUMPUR: Multi-level marketing company Hai-O Enterprise Bhd, which is synonymous with Chinese medicinal products, will undertake collaborative research and later commercialisation of related products with Universiti Tunku Abdul Rahman (UTAR) under a memorandum of understanding (MoU).
 
UTAR and Hai-O agree on new technology exploration and student internships
 
Aug 23, 2010
Source : www.utar.edu.my
 
Universiti Tunku Abdul Rahman (UTAR) and Hai-O Energy (M) Sdn. Bhd., a subsidiary of Hai-O Enterprise Bhd., formalised their collaboration through two memoranda of understanding at a signing ceremony held at the Bankers' Club in Kuala Lumpur on 23 August 2010 and graced by Dr. Hou Kok Chung, Deputy Minister of Higher Education Malaysia .
 
Short-term pain from stricter member rules for Hai-O
 
Jul 05, 2010
Source : The Edge Malaysia
 
Companies involved in mul­ti-level marketing activi­ties are now poised for a shake-up. Although the amendment of the Direct Sales Act, which governs all MLM companies, has been in the works for a while, Hai-O Enterprise Bhd has been the first to show the impact on its earnings.