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Agarwood Malaysia > News > Uncategorized > Expansion into Beauty and personal care industry

Expansion into Beauty and personal care industry

Dadvance Agarwood Solutions Sdn. Bhd. signs memorandum of understanding with Techno Lab Manufacturing Sdn. Bhd.

Dadvance Agarwood Solutions Sdn. Bhd. a Malaysia-based cultivated agarwood company that has been in the market since the year 2008 today embarked on another milestone by successfully inking a Memorandum of Understanding with Techno Lab Manufacturing Sdn. Bhd. – a company that specialized in the manufacturing of skin-care and cosmetic products with synergy partners across Southeast Asia.

Under this agreement, Dadvance Agarwood Solutions and Techno Lab Manufacturing will develop and bring into the market an exclusive range of agarwood-based wellness and personal care products.

This latest strategic decision forms part of Dadvance Agarwood Solutions’ wider business plan to unlock agarwood’s miraculous benefits into the skincare and personal care industry through its brand – NYCX.

It will also expand the potential of NYCX in the skincare and personal care segment, building on Techno Lab Manufacturing years of experience in the personal care segment, and its solid track record in bringing safe, effective, scientifically advanced, and consumer-driven solutions to the market.

“We are excited to enter this new field of skincare and personal care segment, and we believe our natural high-quality cultivated agarwood can elevate this industry further as the global cosmetic market is seeking natural and effective solutions. This collaboration will lead us to the next generation of ingredients which are not only safe and sustainable but promote beauty and wellbeing” says Mr.David Liew, Managing Director of Dadvance Agarwood Solutions Sdn. Bhd.

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