The Straits Times / The Business Times News on Best World

Best World buys licences

BEST World International has completed its acquisition of 16 product licences, inventories and intellectual properties from two Chinese companies in a deal worth 18 million yuan (S$3.7 million).

The Singapore-listed health and lifestyle company said it will now be in a good position to expand its business into the Chinese market once direct selling is permitted under the country's laws.