BIOOSMO is a loss making company. It has been in the red for the past 8 years. This cause the share price hit lowest 3.5sen. BIOOSMO try to venture into Oil & Gas business in 2014 but unsuccessful.
Currently, company is lead by Shahrizal Hisham since 2014. He emerge as a single largest shareholder with 25% stakes in 2014. He is the one try to lead BIOOSMO venture into O&G business. But unfortunately fair.
BIOOSMO always looking for opportunity to diversify its core business. A major deal done in 2015, which lead the company venture into HOTEL business. In sept 2015, BIOOSMO made a deal with IMPIANA Hotel Group Malaysia ( One of the hotel group in Malaysia). Below is the details of the deal :-
