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OSIM edges up despite tea unit's HK media storm over pesticides

Lifestyle products group OSIM International reported a net profit of S$9 million for its fourth quarter ended Dec 31, 2015, down 66 per cent compared to S$27 million a year ago.


THE market seems to agree with TWG Tea that the pesticide issue that blew up last week, when the Hong Kong media reported on how excessive pesticide residue was found in a batch of TWG Tea sent to Taiwan, was a storm in a teacup.

Shares of mainboard-listed OSIM...

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