OSIM hikes stake in Trek 2000 with $10.9m investment
It will purchase 25m new shares.
OSIM will increase its stake in Trek 2000 with a $10.9m investment.
OSIM will buy 24 million ordinary shares and 1 million treasury shares. This will increase the group’s stake from 1.14% to 8.75%.
OSIM intends to work with TREK 2000 on the commercial application of its patents and technology for products in the wellness and healthy lifestyle sectors.