Brief: Best World International clarifies on news article published by Bloomberg

Best World International

15/08/2017 09:01

Aug 15 (Reuters) - Best World International Ltd  BEST.SI  
    * Refers to news article published by Bloomberg on 15 August 
2017 
    * Although co hold a direct selling licence, it has not 
converted business in china to direct selling yet 
    * SAIC statement has little or no impact to China business. 
    * All current preparations for conversion to direct selling 
are in line with above SAIC statement 
    * Article reported on market concerns of a crackdown by 
regulators on market practices of certain direct selling 
companies 
    * Is fully compliant with rules and regulations of business 
operations under china's laws. 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nSNZ5bH09X 
Further company coverage:  BEST.SI  
 
 ((Bangalore.newsroom@thomsonreuters.com;))