But wait, theres more! From the 10 year exclusive master distribution agreement with Ourui Health Management Limited:
for the distribution of its Japanese, Ju-Ju® and Lexilis® branded, anti-aging hair and skincare products (Products).
Minimum purchase orders: The Distributor must order the Minimum Annual Purchase Requirement of 500,000 units of products collectively across the two brands in year 1 and 1,000,000 units of products in Year 2, with double digit (percentage) annual purchase increases thereafter.
• Effect on FY2021 revenue: Shipment of products under the Agreement is expected to commence during the second half of FY2021.
Thats now!!
CDY Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held