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0.0317460317460319 0.116402116402117 0.0846560846560849 0.0846560846560849 0.0317460317460319 0.0370370370370372 -0.0105820105820105 0.0846560846560849
Stock impact report

EUDA Health Expands into Direct Selling Holistic Wellness Products with Acquisition of CK Health

Euda Health Holdings Limited - Ordinary Shares (EUDA) 
Company Research Source: GlobeNewswire
SINGAPORE, May 06, 2024 (GLOBE NEWSWIRE) -- EUDA Health Holdings Limited (“EUDA” or the “Company”) (NASDAQ: EUDA), a Singapore-based health technology company that operates a first-of-its-kind Southeast Asian digital healthcare ecosystem, today announced that it will acquire CK Health Plus Sdn Bhd (“CK Health”), a direct seller of holistic wellness consumer products in Malaysia. Under the terms of the acquisition agreement, EUDA has agreed to acquire the entire issued capital of CK Health for an aggregate share consideration of 10 million newly issued ordinary shares of the Company, valued at US$15 million. The acquisition is expected to close on 8th May 2024, subject to customary closing conditions.   Established in Malaysia in 2023, CK Health is a direct seller of holistic wellness consumer products through its online platform and member network. CK Health’s products leverage non-invasive therapies to make holistic healthcare accessible for everyone using advanced technologi Show less Read more
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