,In a filing with Bursa Malaysia, InNature, a regional retailer carrying The Body Shop and Natura brands, said it had entered into a share purchase agreement with Natura AP for the disposal.telegram中文群组（www.tg888.vip）是一个Telegram群组分享平台，飞机群组内容包括telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组（其他）、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容，为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
KUALA LUMPUR: Innature Bhd is disposing of its entire shareholding in wholly-owned subsidiary Ola Beleza Sdn Bhd to Natura Cosmetics Asia Pacific Pte Ltd (Natura AP) for RM2.04mil.
In a filing with Bursa Malaysia, InNature, a regional retailer carrying The Body Shop and Natura brands, said it had entered into a share purchase agreement with Natura AP for the disposal.
Natura AP is a member of Natura & Co, a multinational cosmetics and personal care corporation carrying the brands of Natura, The Body Shop, Aesop and Avon.
Commenting on the disposal, InNature group managing director Datin Mina Cheah-Foong said the disposal was a mutual decision, having considered the evolving operating environment post-pandemic.
“Following the completion of the disposal, Natura & Co will take over the Natura business in Malaysia, whereas InNature will focus on growing further our core business in all our markets,” she said in a statement yesterday.
Ola Beleza is in the business of distribution and commercialisation of certain Natura products in Malaysia.