Palm oil phytonutrients producer ExcelVite is going for an initial public offering to raise funds for more clinical studies as well as company expansion. — Photos: RONNIE CHIN/The Star
LEADING palm oil phytonutrients or plant-based nutrients producer ExcelVite Sdn Bhd is charging ahead towards an initial public offering by end of the year or early next year, to enable it to raise funds for more clinical studies as well as company expansion.
Plans are also under way for the company to penetrate the pharmaceutical market in the next five years. It is predicted to be more lucrative than the dietary supplements market that ExcelVite (EV) is in.
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