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EUDA Health Holdings has successfully completed the acquisition of CK Health Plus Sdn Bhd, expanding its presence in Malaysia and venturing into direct selling of holistic wellness products in Southeast Asia. The acquisition provides EUDA with access to CK Health's distribution network, customer base, and industry expertise, enhancing its regional market position and product portfolio.
EUDA Health Holdings (EUDA) announced the acquisition of CK Health Plus Sdn Bhd, a direct seller of holistic wellness products in Malaysia, for 10 million shares valued at US$15 million. The deal is set to close on 8th May 2024. CK Health's products focus on non-invasive therapies and exclusive distribution rights for bioenergy cabins and collagen products. EUDA plans to integrate these products into its offerings to target chronic conditions and tap into Southeast Asia's growing healthcare market.