Business
Natural Health Farm Holdings, Inc to acquire Natural Health Naturopathic Academy Sdn Bhd
Natural Health Farm Holdings, Inc to acquire Natural Health Naturopathic Academy Sdn Bhd.
About this update from Natural Health Farm Holdings Inc
[{"type":"text","content":"\nVegas, Nevada,, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Natural Health Farm Holdings, Inc (OTCQB: NHEL) (the “Company” or “NHF Holdings”) today announced that it has executed a term sheet to acquire all of the issued and outstanding shares of Natural Health Naturopathic Academy Sdn Bhd (NHNA), a Malaysian healthcare education provider offering courses on health, nutrition, dietetic and Chinese & natural medicine that are accredited by more than 30 countries.\n Under the agreement, NHF Holdings shall acquire 100% of NHNA outstanding shares for USD 350,000.00. It is anticipated that NHF Holdings shall complete the due diligence process and closing the transaction within 60 calendar days from the term sheet date. Lim Soo Yen, the director of NHNA commented, “We are excited that both companies have come to this agreement, not only we shared the same vision, which this allows NHNA to produce graduates for global network of NHF Holdings.” Vernon Tee, the CEO and President of NHF Holdings added, “This is a great opportunity for NHF Holdings, to add education providing services into our portfolio. With NHNA’s current courses and resources, we are able to guide the consumer to gain health knowledge through a proper channel. It will also complement the other business we are going to consolidate under the umbrella of NHF Holdings.” About Natural Health Naturopathic Academy Sdn Bhd More than 60 tuition centre available across Malaysia, Natural Health Naturopathic Academy provides several certification, including Master, Degree and Diploma, specialises in diet and nutrition and Chinese medicine courses. Its certification has obtained recognition from over 30 countries over the world. The academy has partnered with several recognised education institutions, such as Cyberjaya University College, Asia Metropolitan University and International Therapy Examination Council (ITEC), in providing the practical training and online courses in Malaysia. For more information: www.nhna.edu.my About Natural Health Farm Holdings Inc Natural Health Farm Holdings, Inc is a Nevada based fully integrated nutraceutical biotechnology company offering clinically researched naturopathic products. Since November 2017 the company has developed and commercialized a proprietary web-based Naturopathic Learning Manage...