VIT 4.26% 9.0¢ vitura health limited

cau receives halal seal of approval

  1. RKS
    573 Posts.
    CAU RECEIVES HALAL SEAL OF APPROVAL
    CollTech Australia Limited is excited to announce that it has been granted Halal certification for its cosmetic Ovine collagen products.

    CollTech has become the latest cosmetic ingredients supplier to solicit Halal approval for its cosmetic products in order to access the potential of the market for cosmetics that meet the strict standards adhered to by Islamic communities. The Islamic Food and Nutrition Council of America estimates the worldwide Muslim headcount to be in the region of 1.4bn. In order to tap it, CollTech has obtained Halal approval from the Australian Islamic Federation of Islamic Councils Inc. for the manufacture of OVICOLL®|C and OVICOLL®|Clear at its plant in Collie, Western Australia.

    Dr Cooper, CollTech’s General Manager commented that “obtaining Halal certification presents a real opportunity to open up the Malaysian, Middle East and Indonesian markets for CollTech.� The core reason for developing Ovine collagen was to provide a disease free and culturally acceptable product so that manufacturers of cosmetic and healthcare products using collagen had an alternative source of high grade collagen. Collagen from sheep allows manufacturers to use one collagen ingredient that is suitable for all markets.

    Sales director Mr Glenn Smith commented that “Halal certification is a prerequisite for the use of our collagen in products sold by several of our prospective customers�. The need to provide Halal certification has also grown out of globalisation and migration. Second and third generation Muslims who have grown up in the West desire the benefits of modern cosmetics, including anti-ageing creams, eye gels, moisturisers and other modern cosmetics - but still want to comply with Halal principals. CollTech’s Halal certified OVICOLL® is now available.
 
watchlist Created with Sketch. Add VIT (ASX) to my watchlist
(20min delay)
Last
9.0¢
Change
-0.004(4.26%)
Mkt cap ! $51.82M
Open High Low Value Volume
9.5¢ 9.5¢ 9.0¢ $30.27K 327.0K

Buyers (Bids)

No. Vol. Price($)
2 209028 9.0¢
 

Sellers (Offers)

Price($) Vol. No.
9.4¢ 10000 1
View Market Depth
Last trade - 16.10pm 24/06/2024 (20 minute delay) ?
VIT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.