Xenous Holdings Inc
Xenous Holdings, Inc. (OTC: XITO), a Nevada corporation formerly known as M101 Corp. before its November 2019 name change to Xenous Holdings, Inc., is an early-stage company that is engaged in the pursuit of asset and business acquisitions while developing specific operational activities in the agarwood cultivation sector through its involvement with Dadvance, an operating entity managing approximately 150 acres of land in Pahang, Malaysia, dedicated to the cultivation of approximately 101,000 Aquilaria trees for the production of agarwood — also known as oud — one of the world's most valuable and sought-after fragrant woods. Agarwood is produced when Aquilaria trees are infected with a specific mold or stressed through environmental means, triggering the formation of a dark, fragrant resinous heartwood that commands extraordinary prices in the global luxury fragrance, incense, and traditional medicine markets, particularly in Middle Eastern, East Asian, and South Asian cultures where agarwood and its distilled oil (oud) are prized components of perfumery, religious rituals, and wellness practices.<br><br>The company has publicly announced a purchase order from Tropical Extracts Sdn Bhd for 150 kilograms of premium-grade agarwood essential oil, valued at approximately $2.05 million, to be fulfilled within one year — a significant commercial transaction for a small early-stage company that would validate the commercial productivity of its Pahang agarwood cultivation operations and demonstrate the market demand for the premium agarwood essential oil that the company's Aquilaria tree plantation is designed to produce. The global oud and agarwood market is highly lucrative, with high-grade agarwood essential oil trading at prices ranging from hundreds to thousands of dollars per kilogram depending on purity, origin, and resin content, creating a high-value agricultural commodity market where quality plantation-grown agarwood can command prices that substantially exceed conventional agricultural products.<br><br>Xenous Holdings, Inc. files periodic reports with the Securities and Exchange Commission under Commission file number 000-55512 and trades on the OTC market under the ticker symbol XITO. The company was registered as a Nevada corporation with IRS EIN 87-0363526 and has maintained its SEC reporting obligations through its evolution from M101 Corp. through its current strategic focus on agarwood and business acquisitions. As global demand for natural oud and agarwood products continues to grow — driven by the luxury fragrance industry, the growing popularity of Middle Eastern-influenced perfumery globally, and the traditional medicine markets of East and Southeast Asia — Xenous Holdings' Pahang agarwood cultivation activities and its announced purchase order represent an early commercial realization of the value inherent in a well-managed Aquilaria tree plantation.