Hot Business News Today

Hai-O MLM Records $35 Million Revenues In Q4

 
In an environment where the ringgit has depreciated by some 19% over the past one year, wellness and multi-level marketing (MLM) company Hai-O Enterprise Bhd is beginning to be attractive due to its defensive qualities.
With its current dividend yield of around 6%, Hai-O packs a good dividend return for investors. Hai-O has one of the highest dividend yields in Bursa Malaysia, and has a policy of paying out at least 50% of its net profits as dividends.
Managing director Tan Kai Hee says the company has paid out RM 235 million (approx $60 million) in dividends since 1997, an average of 55% yearly. Over the last five years, the dividend payout was on the rise, and had grown by some 11.38% per annum.
Meanwhile its share price has traded within a PE band of 10

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Beachbody Launches New Dance Fitness Program

 
Beachbody has launched CIZE™ – the company’s newest dance fitness program developed in conjunction with world-renowned fitness motivator and choreographer, Shaun T.
Based on the choreography in today’s hottest music videos, CIZE engages every muscle group to create a full body workout that includes cardio training, core strengthening and toning. With Shaun T breaking down each move, participants learn and improve their dance skills in only 30 days with step-by-step and move-by-move instructions that lead into full dance combinations. People working out to CIZE have so much fun they don’t realize the calories they are burning, it truly is the end of exercize.

“I created CIZE because I love to dance! I love how I feel when I’m dancing and wanted people to experience that feeling. I believe everybody can dance, plus it’s a great way to

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