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Oasis Home unit inks JV with wellness retail firm CTG

The Star·09/17/2025 04:51:00
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KUALA LUMPUR: Oasis Home Holding Bhd via a wholly-owned subsidiary entered into a joint venture with CTG JV Malaysia Sdn Bhd to collaborate on livestreaming services for the sales of wellness products.

The retail group said the wellness brands, owned by CTG, include Mformula, Essencare Recovery and Ninoko and related businesses.

Oasis Home said in a filing with Bursa Malaysia, the partners will set up a joint venture company, which will be 51%-owned by Oasis Wellness and the remaining 49%, by CTG.

It said the proposed JV represents a strategic initiative that enables Oasis Home and its subsidiaries to strengthen its footprint in the fast-growing livestream commerce segment.

"The partnership leverages Oasis Wellness’ expertise in product and content development with CTG’s established brand ownership and operational capabilities, thereby

enhancing the group’s growth prospects and market reach," it added.