HW has published in the Chinese paper that it will diversify into health related in the US market. So this is the new collaboration.
It is a prevention on covid, not a vaccine to cure covid.

The previous news below

LUMPUR, 6th) Luxury Genting (HWGB, 9601, main board industrial stock) intends to diversify its business, enter the US healthcare sector, and explore investment in biotechnology.

The company issued a statement today stating that HWGB Biotech Sdn Bhd (formerly known as HWG Consortium Sdn Bhd) has recently proposed a diversified business plan to include health-related industries such as dietary supplements, biotechnology and medical technology sub-sectors. among them.

Last week, Luxury Genting Biotech appointed Li Qiong, the chief attorney of Foster Garvey PC, a US law firm, to assist in exploring business opportunities in the local US health care sector, hoping to leverage the latter’s extensive business network in the United States and China to explore and set foot in the global health care sector, especially the United States .

"Data shows that the market size of the US biotechnology sector can reach US$108.2 billion (approximately RM463.55 billion) this year if measured by revenue. Therefore, we hope to make good use of this huge market potential and explore investment in US biotechnology. "

The market closed today, luxury Genting reported 46 sen, up 1 sen or 2.22%, with a trading volume of 4,788,500 shares.
23/07/2020 7:50 AM

HW signed a MOU to be involved with covid vaccine, which is on phase 4 clinical trial, pending FDA approval

The Board of Directors of the HWGB wishes to announce that its wholly-owned subsidiary, HWGB Biotech Sdn Bhd (formerly known as HWG Consortium Sdn Bhd) (“HWGB Biotech”) had on 6 August 2020 entered into a memorandum of agreement with E-Mo Biology Inc. (“EBI”) (herein after known as the “Parties”) for the purposes of recording the Parties’ intentions with respect to a proposed collaboration to undertake phase IV clinical trials for a new indication which proposes the use of existing poliomyelitis virus vaccines for prevention of COVID-19 (“New Indication”) (subject to the pre-approval or exemption from the United States Food and Drug Administration for the Initial Investigational New Drug Application) and the research and development, testing, registration, manufacturing and commercialisation of the New Indication.

Ho Wah's turn to limit up!

https://www.klsescreener.com/v2/announcements/view/3205863

Esos is like profit taking

Additional Listing Announcement /Subdivision of Shares | https://www.klsescreener.com/v2/announcements/view/3201815

https://www.channelnewsasia.com/news/world/brazil-sets-daily-record-of-new-covid-19-cases-with-nearly-68-12955320

https://www.klsescreener.com/v2/news/view/706237

https://www.klsescreener.com/v2/news/view/698571

KUALA LUMPUR, 6th) Luxury Genting (HWGB, 9601, main board industrial stock) intends to diversify its business, enter the US healthcare sector, and explore investment in biotechnology.

The company issued a statement today stating that HWGB Biotech Sdn Bhd (formerly known as HWG Consortium Sdn Bhd) has recently proposed a diversified business plan to include health-related industries such as dietary supplements, biotechnology and medical technology sub-sectors. among them.

Last week, Luxury Genting Biotech appointed Li Qiong, the chief attorney of Foster Garvey PC, a US law firm, to assist in exploring business opportunities in the local US health care sector, hoping to leverage the latter’s extensive business network in the United States and China to explore and set foot in the global health care sector, especially the United States .

"Data shows that the market size of the US biotechnology sector can reach US$108.2 billion (approximately RM463.55 billion) this year if measured by revenue. Therefore, we hope to make good use of this huge market potential and explore investment in US biotechnology. "

The market closed today, luxury Genting reported 46 sen, up 1 sen or 2.22%, with a trading volume of 4,788,500 shares.

MOH may have approved for this test kit

OTHERS | https://www.klsescreener.com/v2/announcements/view/3177989

I think I understand HW, it was holding for the longest time at 0.530 because it was going give esos. Now right after clearing it, it fly.
Ok will see where it lands

Breakout! 0.700 coming

This explained why the recent dropped. Hope all esos are done with

https://www.klsescreener.com/v2/announcements/view/3193899

https://www.klsescreener.com/v2/announcements/view/3194743

Be patient, Esos last week and today too

https://klse.i3investor.com/m/blog/www.eaglevisioninvest.com/2020-07-15-story-h1510549605-Malaysia_s_largest_rubber_glove_manufacturer_bullish_about_prospects_as.jsp

https://klse.i3investor.com/m/blog/tradeview/2020-07-16-story-h1510576547-_Tradeview_2020_Update_Top_Glove_US_Customs_Border_Protection_Debacle.jsp

Still waiting

https://klse.i3investor.com/additionalListing/9601/01-Jul-2020/25424_1796001988.jsp

Can only sell today

2.5m shares listed today
they can only sell today
For esos

Temporary set back, after all the selling from employees, good price to go in!

Something to do with the director who retired?

https://www.theedgemarkets.com/article/bernard-lim-ho-wah-gentings-new-chairman

Fauci warns spread of COVID-19 'could get very bad', says no... https://www.dailymail.co.uk/wires/reuters/article-8475923/Fauci-says-no-guarantee-U-S-effective-COVID-19-vaccine-warns-spread-bad.html?ito=native_share_article-masthead

Fauci warns spread of COVID-19 'could get very bad', says no... https://www.dailymail.co.uk/wires/reuters/article-8475923/Fauci-says-no-guarantee-U-S-effective-COVID-19-vaccine-warns-spread-bad.html?ito=native_share_article-masthead

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3063985

https://koonyewyin.com/2020/06/25/glove-stocks-are-dropping-what-you-should-do/

https://koonyewyin.com/2020/06/25/glove-stocks-are-dropping-what-you-should-do/

The show is on

Looks like 530/540 is the based, ready to move higher. Yesterday 4.45 pm it started to move, big volumes coming in, then it was 5pm. I thought the action will continue in the morning, but maybe later on.

And out of the blue when you lease expect it, here they come!

Directors acquiring their own shares are good sign

Five transactions acquired by three directors at 2;771;705

Topglove profit. 350 mil! Time to fly

Hope today’s roller coaster ride is a sign that they are seriously moving up!

We are finally spared from his curse words, that’s why HW is flying

https://www.klsescreener.com/v2/announcements/view/3171295

With HW don’t bother looking at the volume at buy, the boss don’t quee they just grab up the next level, with a blink I missed the 530 to 545!

Let’s roll gap up 515!

I believe you are right

My remisier said his client is still buying today. The one who knows the Management

Today is the T3 for tues high volume bought at 580, once contra players are cleared, it should be ready to charged

The reason I bought more into this counter was, my remisier told me his client sold his Gentinng shares and bought 1000 lots here, and he knows the management. Just now I was lamenting to my remisier that my money is stuck here, I could have piicked up more gloves counters, and I asked if his client has left, he said the client bought more!
So let’s wait for another push

Tomorrow will move it move it!

I am impressed with Ho Wah, yesterday when my other counters were in frenzy up, HW was like a tortoise, I was wishing it will move faster, but as I see today when the other volatile counters are in red, HW was holding firm and moving up slowly.

Hi Kevinp7, thank you for your sharing, please do continue to keep us informed with your vital info for the rest of us. Thx