Holista CollTech Partners With Kawan Food To Produce Healthier Asian Flatbreads

  • Jan 16, 2019 AEDT
  • Team Kalkine
Holista CollTech Partners With Kawan Food To Produce Healthier Asian Flatbreads

Holista CollTech Limited (ASX: HCT) headquartered in Petaling Jaya and listed in Australia, is a research-driven biotech company producing sheep (ovine) collagen and provides the best quality natural ingredients and wellness products. It has its operations in Malaysia. Holista Biotech Sdn Bhd and CollTech Australia Ltd. came together to form Holista CollTech Limited.

HCT performs extensive research on herbs and food ingredients from the world’s oldest Malaysia's rainforest. It provides low-fat fried foods, low-GI baked products, low sodium salt, and low calories sugar without compromising the odour, taste, and mouthfeel.

HCT’s clean-label (all-natural) formula includes a blend of lentils, okra, barley, and fenugreek which is mixed with white flour to lower the GI reading without compromising with the taste or texture.

Today, the company has announced that it has partnered with Kawan Food Berhad in order to produce healthy Asian flatbreads, including roti canai, roti, and chappati, for local as well as international markets. Roti canai is Malaysia’s staple food. It contains significant amounts of calories and fats, leading to obesity.

Kawan Food Berhad is a Malaysian based consumer staple company manufacturing frozen Asian food delicacies such as chapatti, dessert, bakery, bun, finger food, frozen vegetable, paratha, and spring roll pastry. It exports these products in 38 countries globally.

HCT will use its trademarked ingredient GI Lite with Kawan Food to develop a range of low-glycemic index (low-GI) Indian flatbreads. This is expected to add up to AU$4 million to HCT’s top line this year. The low-GI roti canai will be sold in Malaysia by April 2019, and in the US by June 2019. The Kawan Food had favorable sensory testing of GI Lite, and it is now commencing the low GI testing at the University of Sydney, known for international standards for Glycemic Index.

The GI indicates the rate at which foods containing carbohydrates raise blood sugar levels in a human body. A lower score of GI is preferred as it suggests the food to be healthier. A carbohydrates rich diet is linked to many health problems such as obesity, diabetes, heart disease, reduced energy levels, food cravings, and many more.

The companies expect to produce roti canai with a GI range targeting the same results HCT achieved with flatbread, levels of ~40 which is about 40% lower than the current global average reading of 70 for flatbreads. This will result in lower fat content.

As per the management of both the companies, they are excited with the partnership and will deliver low GI healthy flatbreads carving out a new niche in the food ingredients sector in Malaysia and beyond.

Stock performance: HCT stock has generated a negative return of 32.56% during the past six months. It is currently trading at $0.055 (as on 16 January 2019) with a plunge of 5.172% in the price during the day’s performance. The company has ~234.04 million shares outstanding with the market cap of circa $13.57 million. Its 52-week high and low are marked at $0.200 and $0.051 respectively.


This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. Our publications are NOT a solicitation or recommendation to buy, sell or hold. We are neither licensed nor qualified to provide investment advice.


All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK