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Holista Colltech Limited ( (AU:HCT) ) just unveiled an announcement.
Holista Colltech Limited has reported to the Royal Malaysian Police about counterfeit PRISTIN® Omega-3 fish oil supplements sold on Lazada and Shopee in Malaysia. These counterfeit products, made from palm oil instead of fish-derived Omega-3, were identified after customer complaints and independent laboratory testing. Holista, a market leader in Malaysia for Omega-3 supplements, only sells its products through licensed pharmacies and its own webstores. The company plans to work with regulators and consumer groups to address the issue and reassure customers.
More about Holista Colltech Limited
Holista Colltech Limited is a Perth-based company listed on the Australian Securities Exchange, specializing in health and wellness solutions. It operates in four core divisions: Dietary Supplements, Healthy Food Ingredients, Ovine Collagen, and Infection Control Solutions. The company is known for its halal-certified Omega-3 supplements, patented low-GI food ingredients, premium ovine collagen, and non-toxic sanitizers, reflecting its commitment to combining nature and science for healthier lifestyles.
Average Trading Volume: 234,335
Technical Sentiment Signal: Buy
Current Market Cap: A$35.18M
Learn more about HCT stock on TipRanks’ Stock Analysis page.