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Ho Wah Genting Berhad signed Memorandum of Agreement (MoA) to offer Covid-19 Vaccine
By Stella Goh
Ho Wah Genting Berhad (HWGB) is an investment holding company founded by Hui Boon Lim on 12 August 1993, and is headquartered in Kuala Lumpur. HWGB is primarily involved in the provision of management services.
The company’s segments include Investment, Moulded Power Supply Cord sets, Wires and Cables, Automotive, Mining, Travelling services and Direct Selling. The investment segments comprise of investments in properties and investment by holding company. The Moulded power supply cord sets segment is engaged in manufacturing and trading of wires and cables, moulded power supply cord sets and cable assemblies for electrical and electronic devices and equipment. The wires and cables segment are engaged in trading of wires and cables. The Automotive segment is engaged in trading of motor vehicles. The Mining segment is engaged in tin mining and its related activities. The travelling services segment includes travel agent and tour related services. The Direct Selling segment is engaged in selling of travelling kits.
HWGB announced that it had entered into an agreement memorandum through its wholly-owned subsidiary HWGB Biotech Sdn Bhd (HWGB Biotech) and US-based E-MO Biology Inc (EBI) to undertake research on Covid-19 patent applications. Both of them are interested in collaborating with the new phase of poliomyelitis vaccine trial plan for the fourth phase of the new crown vaccine.
According to the HWGB Biotech Sdn Bhd, they plan to invest US $1 million (about RM4.19 million) into E-MO biology, which will make 40% profit from the commercialization of vaccines. Based on a general executive of the company, Lim Wei Xiong said would cooperate with the new crown vaccine to make it available as soon as possible and to make it affordable to the public.
Once it is implemented, the novel coronavirus pneumonia will have exclusive rights to produce, distribute and sell vaccines based on the polio vaccine. The vaccine can be used to prevent novel pneumonia infection in Southeast Asian countries and retain all profits, while enjoying% if the net profit of emo-biology.
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Ho Wah Genting so many years are a goreng stock. Goreng stock also can make some money as long as you are not greedy and willing to take profit. No need to waste time study this Company when goreng over no one will notice HWGB and HWGB will go back to sleep.....again
2020-08-10 16:23
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Beware of this loh chin stock...if not bomba need to prepare safety tools to save your life !!
DO NOT invest in HO WAH GENTING BHD for its Covid19 vaccine work.
What they are doing is to see if the polio vaccine is protective against the Covid19. I can tell everyone right now the polio vaccine is not protective against Covid19.
How do I know that?
1 - Polio is a different virus from Covid19. 100% different virus. Vaccines are very specific and so is the immune system.
2. All Malaysians have been vaccinated against polio as children. Most people around the world have also been vaccinated against polio.And guess what, we still catch Covid19. If the polio vaccine had any protective ability, nobody is Asia, Africa and most of America would not have caught Covid19.
3. I have the correct training to professional call a stupid biomedical idea, idiotic..This is as idiotic as the people trying to see if the BCG vaccine works against Covid19, it doesn't!
Retail investors, AVOID Ho Wah Genting! Their attempt at using the polio vaccine as SARS-Cov2 vaccine will NEVER work.
Ho Wah Genting management if you are reading this, stop f-ing around. You are dragging the Genting name through the mud. You should be ashamed of yourselves!
If you want to make a vaccine against Covid19, do so properly. I know you are not a biotech company and don't have great technical experties, you are a cables and transportation company. So here is some general advice from someone who has worked at the NIH, make an inactivated viral vaccine. It isn't anymore difficult than growing the SARS-COv2 virus in cell culture, harvesting the virus, concentrating it either by ultracentrifugation or making a modified virus and purifying it on a binding column and inactivating the virus with formaldehyde. You can gamma irradiate for extra safety.
2020-08-10 13:18