The majority subsidiary of Toga Limited, Eostre Berhad is
PETALING JAYA, Malaysia, June 18, 2021 (GLOBE NEWSWIRE) – Eostre Berhad, a majority-owned subsidiary of Toga Limited (OTC: TOGL), has been officially appointed by the Chinese company Shenzhen Shengquan Biotechnology Co., Ltd. worldwide distributor of its product, the “H2O Energy Bottle”.
Eostre is now responsible for developing a global market for “H2O energy bottles”.
“We are delighted to establish this collaboration between Shenzhen Shengquan Biotechnology and Eostre. This collaboration will further develop Eostre’s product line and customer base globally, ”said Eostre Berhad Managing Director, Ms. Low Kah Fong.
“We expect the two companies to jointly develop awareness and demand for the H2O energy bottle. It is also considered to be in line with Eostre’s vision to become an international brand with leading innovative health products, ”Ms. Low said.
Alexander D. Henderson
TOGA LIMITED, 515 S. Flower Street, 18e Floor, Los Angeles, CA 90071
Certain statements contained in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statement contained in this document that does not constitute a statement of historical fact (including, but not limited to, statements that Toga Limited or its management (the “Company”) “anticipates”, “plans”, “estimates”, “expects” or “believes” or the negative of such terms and other similar expressions ) should be considered as forward-looking statements, including, without limitation, statements regarding the direction, prospects, growth, opportunities and long-term strategy of the Company. These statements involve certain risks and uncertainties which may cause actual results to differ materially from expectations at the date of this press release. These risks and uncertainties include, but are not limited to, risks associated with the impact of the COVID-19 pandemic; the Company’s ability to execute its long-term strategy; the Company’s ability to compete successfully in its highly competitive industry; the Company’s ability to manage its growth; the Company’s ability to maintain or improve its operating margins; the Company’s ability to identify and respond to trends in consumer preferences; product supply disruptions; general economic conditions; changes in accounting standards; and other factors as set out from time to time in filings with the Securities and Exchange Commission of the Company, including, without limitation, the Company’s annual report on Form 10-K and quarterly reports on Form 10-Q. The Company intends that these forward-looking statements speak only as of the date of this press release and does not undertake to update or revise them as more information becomes available. , unless required by law.