On 20 July 2018, Nova Wellness Group Bhd has successfully made its debut on the ACE Market of Bursa Malaysia. Its shares, which were offered at RM 0.55 a share in its IPO, have been oversubscribed by a multiple of 2.84 times. Presently, Nova Wellness is worth RM 190.6 million in market capitalization.

You can also check out their products here: http://nova.my/product

Without further ado, I’ll share 7 things to know about Nova Wellness before you invest in it.

Nova Wellness was founded by a husband and wife duo: Phang Nyie Lin and Tan Sok Mooi in 1989 to trade animal health products beginning in 1990.

In 1997, Phang initiated a research on Phyllanthus Niruri, a special herb that is used to treat liver diseases, leading to his development of Hepar-P Capsule – a liver tonic in 2000. Phang started to market this product after he received the marketing