Japan's OHGA Pharmacy, Tiger Synergy to set up Malaysia as hub for ASEAN expansion

© Provided by New Straits Times

KUALA LUMPUR: Tiger Synergy Bhd (TSB) and Japan’s OHGA Pharmacy Co Ltd (OPCL) will jointly set up a hub in Malaysia for its pharmacy franchise expansion into ASEAN.

Both parties have set a target of 200 OHGA Pharmacy retail outlets openings in ASEAN over the next three years.

TSB managing director Shirley Tan Lee Chin said the company looks forward to collaborating with OPCL, which has more than a decade.

“The initial plan of our collaboration is to open OHGA Pharmacy retail outlets in Malaysia, which will put the country as the hub for its expansion into ASEAN,” she said in a statement today.

TSB had on 16 September 2021 signed a memorandum of understanding (MoU) with Razally Affandy Abdul Rahim to purchase a majority interest of OHGA Yakkyoku (Malaysia) Sdn Bhd (OYSB), a domestic-based company involved in the wholesale of pharmaceutical and medical goods.

OYSB also signed a pharmaceutical master licence agreement with OHGA Corporation Co Ltd (OCCL), a subsidiary of OPCL, to supply its products in and out of Japan.

“Our collaboration took advantage of this shifting trend and the ageing population in ASEAN.

“Furthermore, with OPCL’s experience in Japan where there is the highest density of pharmacists and drugstores among Organisation for Economic Co-operation and Development (OECD) countries, this will help to improve the overall experience at pharmacy retail outlets,” Shirly said.

The collaboration comes when there is a boom in health product sales in Malaysia and ASEAN as consumers become more health-conscious following the Covid-19 pandemic.

By bringing the OPCL franchise into Malaysia and ASEAN, TSB aims to rebrand pharmacists as a one-stop-shop for consumers who offer various products such as medicines, health foods, cosmetics, and daily necessities.

With OPCL’s proven track record in Japan and TSB’s vast network in Malaysia and ASEAN, the collaboration aims to disrupt the retail outlet stores.

Angkasa Koperasi Kebangsaan Malaysia Bhd (Angkasa) and Terajux Holdings Sdn Bhd have expressed interest in TSB’s strategic partner, relying on its vast network of cooperatives in Malaysia.

OPCL’s strong track record in Japan is seen by its history of more than a decade.

It currently runs 109 pharmacists and drugstores in Japan, predominantly in Fukuoka, Osaka, and has annual sales of more than JPY26 billion (around RM1 billion).

With the collaboration with TSB, OPCL is set to expand beyond Japan for the first time, bringing its expertise in pharmaceutical products, dietitians and consumer products into Malaysia.

Both the companies are excited to bring together innovation that will accelerate the growth of the retail pharmaceutical industry.

© New Straits Times Press (M) Bhd

Internet Explorer Channel Network
News Related

OTHER NEWS

Kejriwal says Capital nearly winning the battle against dengue

© Provided by Hindustan Times Kejriwal urged residents to take part in the Delhi government’s “10 Hafte, 10 Baje, 10 Minute” campaign to combat vector borne diseases. (HT) New Delhi: ... Read more »

UP and Meghalaya Next, Says Mamata's Nephew Abhishek, Sets Tone for TMC's Expansion in 5 States

© Provided by News18 UP and Meghalaya Next, Says Mamata’s Nephew Abhishek, Sets Tone for TMC’s Expansion in 5 States The Trinamool Congress is aiming to spread its wings to ... Read more »

Model Cindy Crawford Loves This Sonic Facial Cleansing Brush & It's 40% Off on Amazon Right Now

© Courtesy of Adobe Stock. After decades of modeling and filming commercials, Cindy Crawford has mastered the art of the early call-time. The 55-year-old supermodel needs to get her face ... Read more »

One held for creating fake parliament entry pass

© Provided by Hindustan Times A view of Parliament house in New Delhi. (HT PHOTO) The crime branch of Delhi police raided Gopalganj’s Purani Chowk locality on Saturday and arrested ... Read more »

Tension in Dhanarua after firing, probe ordered

© Provided by Hindustan Times Patna DM Chandrasekhar Singh has ordered magisterial inquiry into the incident and asked the Masaurhi SDO and SDPO to submit joint reports within 24 hours. ... Read more »

Indiana governor asks state Supreme Court to review law giving legislators greater emergency powers

Indiana Gov. Eric Holcomb (R) is asking the state’s Supreme Court to review a state law that gives lawmakers in the Hoosier State greater emergency powers. © Getty Images Indiana ... Read more »

Alec Baldwin's Rust stunt double accidentally fired two rounds before fatal shooting

© Copyright 2021 Santa Fe New Mexican Prop Firearm Movie Set – Copyright 2021 Santa Fe New Mexican A stunt double on the set of Rust reportedly fired two rounds ... Read more »

Saturday Deal Alert: Peak season fares to Puerto Rico

© Provided by The Points Guy MSN has partnered with The Points Guy for our coverage of credit card products. MSN and The Points Guy may receive a commission from ... Read more »

Watch: Leeds starlet Gelhardt does brilliantly to win injury-time pen

© PA Images Joe Gelhardt Leeds United Leeds United had to battle to draw 1-1 at home to Wolverhampton Wanderers, but academy starlet Joe Gelhardt used his short cameo to ... Read more »

Greek striker nets first Celtic goal in Premiership win over St Johnstone

© PA Georgios Giakoumakis celebrating his goal. GEORGIOS GIAKOUMAKIS’ FIRST Celtic goal in his first start helped the Hoops to a comfortable 2-0 Premiership win over St Johnstone at Parkhead. ... Read more »

The Best Cat Leashes On Amazon

© Amazon We independently pick all the products we recommend because we love them and think you will too. If you buy a product from a link on our site, ... Read more »

Soccer-Watford reacted well after Liverpool thrashing to stun Everton - Ranieri

© Reuters/MOLLY DARLINGTON Premier League – Everton v Watford LIVERPOOL, England (Reuters) – Watford manager Claudio Ranieri took heart in how his team bounced back from a 5-0 hammering by ... Read more »

New trade deals ‘are unfair on farmers and won't help emissions'

© Provided by The Guardian Photograph: Dorset Media Service/Alamy The chairman of the government’s climate change advisory board has condemned trade deals with Australia and New Zealand as “totally offensive” ... Read more »

Possession lost 18x: Sunderland dud with 25% dribble success had a 'mare vs Charlton - opinion

© Provided by Football FanCast Sunderland’s Aiden McGeady looks dejected Sunderland dropped down to fourth in the League One table after a disappointing 1-0 home defeat to Charlton on Saturday. ... Read more »

Man charged with murder of woman found dead in Kettering

© PA Marta Chmielecka death A man has been charged with the murder of a woman found dead in a house in Kettering. Pawel Chmielecki, 38, is accused of killing ... Read more »

‘Duke of Edinburgh would want Queen to prioritise health'

© Max Mumby/Indigo/Getty Queen Elizabeth II Angela Levin told TalkRadio: “I think if Prince Philip was still around, he would exercise a bit of control and say: ‘Look, stop it, ... Read more »

The Skyfall Casting Rumor The Producers Say They Never Considered

© Provided by CinemaBlend Daniel Craig and Dame Judi Dench stand together in the countryside in Skyfall. The James Bond series has had its fair share of whispers hinting at ... Read more »

Stage 2 power cuts to hit SA from 9pm on Saturday to 5am on Monday

© Pexels. JOHANNESBURG – Eskom has announced the return of power cuts from 9pm on Saturday through to 5pm on Monday. The power utility said this was due to a ... Read more »

Leni-Kiko supporters paint cities, towns pink

(UPDATED 12:00 A.M. OCTOBER 24, 2021) © The Manila Times REACHING OUT Pink-clad supporters of presidential candidate and Vice President Maria Leonor ‘Leni’ Robredo and her running mate Sen. Francis ... Read more »

Richard Gere summoned to testify at Italy's leader trial

Hollywood star Richard Gere has been summoned to testify as Italy’s former interior minister and far-right leader Matteo Salvini went on trial Saturday for allegedly illegally blocking over 100 migrants ... Read more »

In Wes Anderson's ‘The French Dispatch' Set Design Is “All About the Feeling of the Places”

French Dispatch When it comes to being on the same creative page, director Wes Anderson and production designer Adam Stockhausen have mastered the term shorthand. As the architect of Anderson’s ... Read more »

Pub to hold girls-only night every week amid fears of injection spikings

A Nottingham pub is set to introduce a weekly girls-only night following reports of spiking in the city. © Getty Images Women have reported fears they have been spiked via ... Read more »

Westfield shopping centre in Stratford is evacuated AGAIN

© Provided by Daily Mail MailOnline logo Shoppers from Stratford Westfield have been evacuated following reports that there has been a fire.  The east London shopping centre was emptied a ... Read more »

Saudi Arabia aims of net zero greenhouse gas emissions by 2060

© Provided by WION Saudi Arabia has announced it aims to reach net-zero greenhouse gas emissions by 2060. Also, it aims to double its annual target to reduce carbon emissions.  ... Read more »

Courtside fan ejected from Lakers game for pushing away Rondo's hand

© Provided by NBC Sports A fan courtside got into it with the Lakers’ Rajon Rondo late in the third quarter Friday night, while the Lakers were getting blown out, ... Read more »

Judge rules for Tennessee school district's mask mandate

© Provided by Associated Press FILE – In this Friday, Aug. 20, 2021, file photo, kindergarten teacher Amber Updegrove interacts with her students at Warner Arts Magnet Elementary in Nashville, ... Read more »

‘We'll Spend Every Penny,' Rogers Sister Warns Amid Family War

© Bloomberg Edward Rogers Wins Battle Over Votes But Family Feud Rages On (Bloomberg) — The battle inside Rogers Communications Inc. has escalated, with former chairman Edward Rogers claiming he ... Read more »

Payday 3 is taking the original crew to New York and into the digital age, as revealed by the developers

© Provided by GamePur It has been a long road from Payday 2 to Payday 3, as the parent company of the franchise, Starbreeze Studios, went through some seriously tough ... Read more »

Iranian governor SLAPPED on stage at his own inauguaration

© Provided by Daily Mail MailOnline logo The inauguration of an Iranian governor was interrupted by a man walking on stage and slapping him in the face – allegedly because ... Read more »

Mikaela Shiffrin siegt in Sölden knapp vor Lara Gut-Behrami

© KEYSTONE/GIAN EHRENZELLER Im ersten Weltcup-Riesenslalom der Saison bilden jene drei Fahrerinnen das Podest, die den Gesamtweltcup unter sich ausmachen dürften. Mikaela Shiffrin siegt vor Lara Gut-Behrami und Petra Vlhova. ... Read more »

Von Menschenmenge begrüsst: Flüchtlingspuppe in London empfangen

Eine mehr als drei Meter hohe Flüchtlingspuppe namens «Little Amal» ist in London an der St.-Pauls-Kathedrale von einer grossen Menschenmenge in Empfang genommen worden. © Bereitgestellt von Blick Die Riesenpuppe ... Read more »

‘No Punjab Police posting happened without payment to Aroosa Alam': Navjot Kaur Sidhu alleges

© Provided by Hindustan Times “Not a single posting in the police department in Punjab happened without a gift or payment to Aroosa Alam,” Navjot Kaur Sidhu said on Saturday. ... Read more »

Pune city sees average 1.7 Covid deaths in 24 hours since October 4

© Provided by Hindustan Times Pune city has reported average 1.7 deaths a day due to the infection in the past 20 days since October 4. (HT PHOTO) Pune: Pune city ... Read more »

Dembele hits stoppage-time winner for Posh

Siriki Dembele hit a stoppage-time winner for Peterborough to complete a comeback 2-1 victory against promotion-chasing QPR. Dembele took a pass from Sammie Szmodics and raced clear down the right ... Read more »

Could banks ban cryptocurrencies in the west? Why countries could REFUSE to follow China

China’s extensively regulated economy, governed by the People’s Bank of China, has clamped down on cryptocurrencies several times in 2021, especially Bitcoin. The bank levelled a new threat in tandem ... Read more »

Luton edge past struggling Hull

Luton climbed into the Championship play-off places and heaped more pressure on Hull boss Grant McCann with a hard-fought 1-0 win at Kenilworth Road. Elijah Adebayo scored the only goal ... Read more »

20 million in Delhi now have taken at least one Covid-19 shot

© Provided by Hindustan Times New Delhi, India – October 21, 2021: A health worker administers the Covid-19 Vaccination to the Beneficiaries as India crosses the mark of 100 crore ... Read more »

Eskom to implement stage 2 loadshedding from 9pm tonight till Monday morning

© Provided by 702 Eskom will implement stage 2 loadshedding from 9pm on Saturday until 5am on Monday. The power utility said this was due to a shortage of generation ... Read more »

Halyna Hutchins' Husband Speaks Out After Her Death: 'Her Legacy Is Too Meaningful To Encapsulate in Words'

© Mat Hayward/Getty Images for AMC Networks Halyna Hutchins’ husband, Matthew, has spoken out following the loss of the cinematographer, after her tragic death on Thursday. Halyna died on the ... Read more »

Holidaymakers will need three jabs if they want to travel next year, says minister

© Bloomberg via Getty Images GettyImages-1230547675.jpg Holidaymakers might need three Covid vaccinations to travel next summer, a minister has revealed. The vaccine passport could evolve meaning Britons will require three ... Read more »
On free-english-test.com you will find lots of free English exam practice materials to help you improve your English skills: grammar, listening, reading, writing, ielts, toeic