Nova Wellness Group Bhd.

Nova Wellness Group Bhd.

MMYX:NOVA
0.37
MYR
0.00
(0.00%)
Nov 18Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Nyie Lin Phang
Sector
Health technology
Industry
Pharmaceuticals: other
Address
Sungai Pelek Malaysia
IPO Date
Jul 20, 2018
Website
nova.my
Business
Nova Wellness Group Berhad is a Malaysia-based investment holding company primarily engaged in the research, development, production, and marketing of nutraceutical, dietary supplement, and personal care products, as well as the provision of contract manufacturing services. The company operates through two core business segments: House-Brand Products and Contract Manufacturing. Its product portfolio encompasses dietary and health supplements, including single and multivitamins, minerals, herbal supplements, and standardized botanical extracts such as Phyllanthus niruri (EPN 797); medical nutrition and functional foods, comprising low-glycemic nutritional meal replacements, dietary fiber powders, and specialized metabolic health formulas; personal care and dermatological solutions, including gentle cleansers, moisturizers, topical care, and hair care formulations; and insect repellents and aromatherapy solutions. The group commercializes these offerings under proprietary house brands, including Nova, ActivMax, Sustinex, SP8, Novtic, Novavis, MosOut, Healthy Joy, and Koufian, while also offering end-to-end original equipment manufacturing (OEM), product formulation, regulatory filing, and packaging services for third-party healthcare brand owners. Nova Wellness Group distributes its house-brand products across a comprehensive domestic network of independent pharmacies, health food stores, clinics, and hospitals throughout Malaysia, while exporting products internationally to markets such as Singapore, Indonesia, Thailand, the Philippines, Taiwan, China, and parts of Europe. In recent operational developments, the group has expanded its production capacity and technical capabilities at its Good Manufacturing Practice (GMP)-certified manufacturing facility in Sepang, Selangor, while continuously introducing new formulations in the fortified food, beverage, and clinical nutrition segments. Notably, the group secured modern therapeutic claim approval from the Ministry of Health Malaysia for its flagship liver hepatoprotective formulation, Hepar-P, supported by clinical trials. Founded in 1989 and listed on the Main Market of Bursa Malaysia under the ticker MYX:NOVA, Nova Wellness Group Berhad operates primarily through its wholly-owned subsidiary, Nova Laboratories Sdn. Bhd., and is headquartered in Sungai Pelek, Sepang, Selangor, Malaysia.