LOS ANGELES, Jan 23, 2006 (BUSINESS WIRE) -- Herbalife Ltd. (HLF) today announced the opening of business in Malaysia, now the 61st country where Herbalife products are sold through the company's network of independent distributors. Dato' Ronie Tan has been named managing director and vice president of Herbalife in Malaysia and brings over 16 years of direct selling business to Herbalife. The company's head office will be located in Kuala Lumpur.
Herbalife was established in California in 1980 and began doing business in the Asia Pacific region in 1983 in Australia. Today, it is present in ten other countries across this region, in addition to conducting business in Japan, China, the Americas and Europe, Middle East and Africa.
"There is much opportunity for Malaysians to build their own business in this industry, whether on a part time or full time basis," said Greg Probert, president and chief operating officer. "Our products have universal appeal due to the need for improved nutrition around the world."
According to the Ministry of Domestic Trade and Consumer Affairs (MDTCA), the direct sales industry generated $1.35 billion (RM5.05 billion) in Malaysia in 2004. To date there are 520 licensed direct selling companies in Malaysia with more than seven million distributors.
A range of products from Herbalife's inner and outer nutrition lines will be available, including Shapeworks weight management products and protein bars, soy nuts, Radiant C line of skincare products and the Herbal Aloe line which includes hand cream, shampoo and conditioner.
Herbalife is a global network marketing company that sells weight-management, nutritional supplement and personal care products intended to support a healthy lifestyle. Herbalife products are sold in 61 countries through a network of more than one million independent distributors. For more information visit www.herbalife.com.