Australia's Holista Colltech gains on industrial land buy

Holista Colltech

19/06/2026 05:55

** Shares of Australia's Holista Colltech HCT.AX rise as much as 7.5% to A$0.072, heading for its biggest pct gain since May 11
** Supplements and collagen manufacturer's joint venture co Ovicoll Pty, acquires industrial land for the production of sheep collagen and nano-collagen
** HCT says land in Collie, Western Australia, was bought for A$231,000 ($161,538.30)
** Adds, land will replace the old manufacturing unit with a new modular facility, operational by Dec 2026
** Stock down 16.3% YTD

($1 = 1.4300 Australian dollars)

 (Reporting by Shravya Marakini in Bengaluru)
 ((shravya.marakini@thomsonreuters.com))