What did Holista Colltech (ASX:HCT) purchase in Western Australia?

Holista Colltech (ASX:HCT) purchased a 3,974sqm industrial land parcel located in Collie, Western Australia. The site was acquired from Development WA for a total purchase consideration of $231,000, inclusive of goods and services tax.

What are the financial details behind the Holista Colltech (ASX:HCT) land transaction?

Holista Colltech (ASX:HCT) completed the $231,000 property purchase through Ovicoll, which is its newly formed corporate joint venture entity. Swang Chai Chuan contributed approximately $1.6 million to establish this joint venture company.

Why did Holista Colltech (ASX:HCT) acquire this new industrial property?

Holista Colltech (ASX:HCT) acquired the property because it recently terminated a lease on a prior manufacturing facility. The company plans to replace that previous setup with a new asset-light, modular manufacturing plant.

What does the project timeline look like for Holista Colltech (ASX:HCT) in Collie?

Holista Colltech (ASX:HCT) stated that the new manufacturing facility is expected to be fully operational by December 2026. The company intends to provide further updates regarding construction progress and key milestones as they occur.

How will the land purchase impact the product pipeline for Holista Colltech (ASX:HCT)?

Holista Colltech (ASX:HCT) will utilise the new site to manufacture specialised sheep collagen and nano-collagen products. The company expects the modular facility built on this land to drive its future production capacity.

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Holista Colltech buys Collie land for $231,000

Written by Heidi Cuthbert Published Jun 18, 2026, 11:47 PM

Holista Colltech has acquired industrial land in Western Australia to establish a new collagen manufacturing facility.
The property was purchased for $231,000 through a newly formed corporate joint venture entity.
The company plans to build an asset-light modular plant to produce specialised sheep collagen products.

Holista Colltech (ASX:HCT) completed the acquisition of industrial land in Western Australia for $231,000.

The purchase replaces a previous manufacturing lease that the company recently chose to terminate.

The acquisition was finalised by Ovicoll, a joint venture company formed with Swang Chai Chuan.

Swang Chai Chuan contributed approximately $1.6 million to establish this joint venture entity.

The company stated that the new asset-light modular facility is expected to be operational by December.

The 3,974sqm site will be used for the production of sheep collagen and nano-collagen.

Following the announcement, the Holista Colltech share price was unchanged at $0.01.

Holista Colltech buys Collie land for $231,000

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