Nova Lifestyle signs agreement to supply products to Hong Kong, Malaysia company
Nova LifeStyle announced it has signed a $15M annual product framework agreement to supply U.S. made mattresses and other products to a Hong Kong and Malaysia-based professional training institute - The Future Biz School, www.futurebizschool.com. The Future Biz School provides management and marketing training to working professionals across Asia based on its successful "Reward Points" programs. The actual sales under the framework agreement will be subject to, and fulfilled by, the specific orders from the Future Biz School. Along with the execution of the framework agreement, the company has received firm orders from FBS for October and November of 2016 to supply $2M worth of products.