DXN (brand)

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DXN[1][full citation needed] is a multilevel marketing company based in Malaysia. DXN was founded in 1993 by Lim Siow Jin.[2] The core business activities of DXN include the cultivation, manufacturing and marketing of health food supplements containing the mushrooms Ganoderma or Lingzhi. The company's products are marketed by Daehsan Trading, Ltd.

DXN Holdings Berhad was first listed on the main board of Bursa Malaysia in September 2003 and delisted in December 2011 due to a takeover bid by the founder.[3][full citation needed]

In May 2015, subsequent to Canadian Food Inspection Agency's (CFIA) inspection activities. a recall notice was issued in Canada for DXN brand instant coffees because the products contained milk which had not been declared on the product ingredient label. As such, the products posed a potential risk to consumers with milk allergies.[4]

References[edit]

  1. ^ The Star Online, Business News, http://biz.thestar.com.my/news/story
  2. ^ Daxen 2005 Financial Statement, Page 10, http://libapps2.nus.edu.sg/nus_hl/dxn2005.pdf
  3. ^ KLSE Info, http://www.klse.info/counters/announcements/stock/
  4. ^ "Food Recall Warning (Allergen) - DXN brand instant coffee products recalled due to undeclared milk". Canadian Food Inspection Agency. May 14, 2015. Retrieved March 11, 2018.