Direct Sales Buy Back Policy

In Malaysia, a Direct Sales Buy Back Policy refers to a policy in which a direct sales company agrees to buy back unsold or excess inventory from its sales representatives or distributors. This policy also helps to maintain the quality of the products offered by the company.

It’s important to note that the implementation of Buy Back Policy may be subject to the Direct Sales (Schemes and Conduct) Regulations 2001, section 6]. The Ministry of Domestic Trade regulates the direct selling industry in Malaysia and oversees the implementation of Buy Back Policy to ensure that they are fair and transparent to all parties involved.

The Company may only accept returns unsold products that meet the following terms and conditions:

(a) The products must remain unopened and unused.

(b) The products must be in a satisfactory and marketable condition.

(c) The date of the invoice for the purchased products should be within 180 days.

Upon the participant’s request, the company is obligated to repurchase any sellable goods that were sold to the participant in the last six months, ensuring a minimum repurchase price of no less than 90% of the original amount paid.