Natura Cosmetics Australia Pty Ltd entered into a share purchase agreement to acquire Ola Beleza Sdn. Bhd from InNature Berhad (KLSE:INNATURE) for RM2 million on June 13, 2022. The completion of the Disposal is conditional upon the fulfilment of conditions precedent within 3 months from the date of SPA.

Natura Cosmetics Australia Pty Ltd completed the acquisition of Ola Beleza Sdn. Bhd from InNature Berhad (KLSE:INNATURE) on October 3, 2022. All the condition precedent in share purchase agreement has fulfilled.