Health stocks in general dont look good today. Just keep holding.

Thanks all for your support

@reezdragon85 lol joker . No one is forcing you to be swayed. You are free to do your own independent research and make your own informed decisions

Moving forward, the group will focus not only on manufacturing of bamboo products but also processing of bamboo related foodstuff and bamboo eco-tourism. This will attract more tourists to Jingzhou and encourage the setting up of more bamboo-related businesses among the villagers.

Looking ahead, we are confident that demand for bamboo will see exponential growth driven by its increasing use as a sustainable material for construction and rising consumer awareness on the benefits of bamboo.

“In addition, the R&D centre at the new bamboo processing plant will be utilised to pursue opportunities with regards to modern bamboo products and uses.

https://www.thestar.com.my/news/nation/2020/09/10/bamboo-venture-in-china

“Kanger’s market research estimates the value of the global bamboo market at US$68.8 billion (RM288.8 billion) in 2018, given that it is widely used to make furniture, sculptures, floorings and walls in hotels and resorts all over the world,” it said.

To support this venture, Kuah said Kanger has established a large distribution network of over 100 dealer stores across China, implementing online-to-offline marketing and delivery channels as well as having its presence in a number of online platforms, including JD.com, Alibaba’s Taobao and WeChat.

“To grow the export market, Kanger will be opening new international showrooms in Asia, the Middle East, Europe and North America,” he said.

In Malaysia, Kanger has set its sights on establishing new revenue streams with the recent purchase of a parcel of land measuring 2.22ha in Kuala Selangor for RM6.8 million.

https://www.thesundaily.my/business/china-plant-puts-kanger-on-way-to-become-world-s-top-bamboo-products-maker-DJ3931115

Kanger inks MoU with Frim to jointly develop local bamboo industry.......Under the MoU, the collaboration will focus on the development of a high-value bamboo industry.....Kanger is now able to replicate traditional hardwood timber products using sustainable bamboo.

https://www.thestar.com.my/business/business-news/2017/02/21/kanger-inks-mou-with-frim-to-jointly-develop-local-bamboo-industry/

Kanger is listed as one of the Shariah-compliant Securities that is approved for muslims.
http://www.kuis.edu.my/icomm/1st/e-proceedings/IC006.pdf

@GoUpUp - FYI Repurpose polio vaccine for Covid is just a stopgap measure until such time the actual Covid Vaccine has been approved. Once the actual Covid Vaccine has been approved, the repurposed polio vaccine will cease to be useful and may be rendered obsolete as it does not have any advantages or added value over the actual Covid Vaccine.

Congrats to all

Tomorrow continue uptrend and will most probably overtake HLT

Kanger International Bhd is collaborating with Stoika Sdn Bhd to distribute long-lasting commercial antimicrobial coating solutions in Malaysia and overseas.

“Kanger and Stoika will hold 51% and 49% equity stakes in the JV company, respectively. While Kanger will be a subdistributor for the Malaysian market, the JV company will endeavour to act as a main distributor in other countries,” it said.

Stoika is the exclusive distributor of SDPRO and SDST products in Malaysia, which are “patented and cutting edge nanotechnology-based coating products”.

They have been proven to be highly effective in eliminating 99.99% of viruses, bacteria, fungi and mold, and are certified non-toxic and environmentally friendly.

https://www.theedgemarkets.com/article/kanger-distribute-antimicrobial-coating-solutions-locally-and-overseas

https://www.nst.com.my/property/2020/08/618182/kanger-completes-autocity-and-business-hotel-china-rm500-million

https://www.theedgemarkets.com/article/kanger-secures-10year-lease-agreements-recurring-income-base

Currently, Kang international trading platform involved in bamboo products, imported wood flooring imports and market operators, hotels and second-hand car market investment industry investment and woodland.

It has the world's advanced production and processing equipment and repeatedly won the provincial title of leading enterprises in Ganzhou.

Kang international production of bamboo products sold throughout the market at all levels, much favored by consumers and love, at the same time, but also exported to United States, Germany, France, Australia, South Korea, Turkmenistan, United Arab Emirates, Russia, Romania, Malaysia, and many other countries and regions.

Currently the only Chinese joint venture "in the Center for International Studies Malaysia bamboo industry"

The company has passed ISO9001-2008 quality system certification, ISO14001-2004 environment system certification and European CE certification.

http://www.krbamboo.com/en/About_us/

Not just vaccine distribution in Malaysia, but China as well :

Within the next four to six weeks, Kanger International Bhd will start to distribute the Covid-19 vaccine developed by a top pharmaceutical and medical group in China.

https://www.buzzingmalaysia.com/single-post/kanger-to-market-covid-19-vaccine-as-malaysia-china-declares-urgency

Strategic collaboration agreement with Sinopharm not just to distribute the vaccine but medical equipment as well in the Malaysian market.

https://mymntnews.com/2020/10/13/kanger-international-to-surge-with-th...

On September 26, Kanger signed a strategic collaboration agreement with Sinopharm Group Hunan Changde Medical Co Ltd to distribute the vaccine and medical equipment in the Malaysian market.

Is Kanger International Bhd set to be on par with Careplus Group Bhd in terms of trading volume and share price jump?

The New Straits Times reported today that Kanger aims to build its business with Chinese firms involved in the medical field and bamboo processing.

The newspaper quoted Kanger executive director Steven Kuah who said that top in the list is to distribute the Covid-19 vaccine in Malaysia soon, and regionally from early next year.

Our Foreign Affairs Minister Hishammuddin Hussein during a joint news conference with his Chinese counterpart Wang Yi said today that China has agreed to include Malaysia on a list of priority recipients for a Covid-19 vaccine once it is successfully developed.

Kanger will benefit greatly from this because it has a tie-up with one of China’s top medical groups which has produced the Covid-19 vaccine and apparently, it works.

According to the NST report, Kanger’s Steven Kuah said this will be a big boost for the pharmaceutical sector, in which the company has a presence in currently.

https://mymntnews.com/2020/10/13/kanger-international-to-surge-with-the-positive-covid-19-vaccine-announcement-by-malaysian-and-chinese-governments/

LOL

Kanger International Bhd’s unit, Ganzhou Kanger Industrial Co Ltd has entered into an agreement to lease the AutoCity Building in China to Ganzhou Jiache Automobile Trading Co Ltd.

In a filing with Bursa Malaysia today, Kanger said the building in the Ganzhou Economic and Technological Development Zone will be specially outfitted primarily for used passenger vehicles in the mid to high-end market segments.

https://www.bernama.com/en/business/news.php?id=1888311

Apart from glove manufacturing and soon-to-be producing COVID-19 vaccines, Kanger had moved to property investment, and management. It has a project at the Ganzhou Economic and Technological Development Zone in Ganzhou city, China where it has finished building AutoCity and Kyriad Hotel.


The company is expected to get stronger in China as it expands further there and gets income from leasing the two buildings. Kanger had in March secured 10-year lease agreements for AutoCity, a purpose-built six-storey building with a net lettable area of 493,062 sq ft, and the 19-storey hotel with a build-up of 190,715 sq ft. The hotel has been leased to Ganzhou Fuying Kaili Hotel Management Co Ltd, the operator of Kyriad Marvelous Hotel – an international business hotel brand under the Louvre Hotel Group.


Kanger has said the initial rental income per year for the two buildings collectively is RM11.1 million and is subject to scheduled rent increases.

https://www.buzzingmalaysia.com/single-post/2020/09/14/kanger-international-a-stock-with-momentum-as-it-looks-to-produce-a-cure-for-covid-19

https://klse.i3investor.com/blogs/triumphinbursa/2020-09-22-story-h1514243687-Next_Limit_Up_Counter_0170_KANGER_CHINA_VACCINE_And_WORLD_LARGEST_BAMBO.jsp

Kanger International Bhd is set to promote the export of river sand and other minerals from Malaysia to mainland China and Hong Kong. he AP is issued by the Ministry of Energy and Natural Resources and is valid until July 2027. “River sand is a widely used construction material and is in short supply in China and Hong Kong due to the rapid pace of construction and reclamation works there.

https://www.theedgemarkets.com/article/kanger-facilitate-sand-exports-mainland-china-hong-kong

Kanger to raise RM68.88m with vaccine in mind

The company said in a filing with Bursa Malaysia that in the event of a successful placement, it intended to allocate up to RM34.38mil (under the maximum scenario) for a potential investment into the healthcare industry, involving the distribution of a potential Covid-19 vaccine.

https://www.thestar.com.my/business/business-news/2020/10/14/kanger-to-raise-rm6888m-with-vaccine-in-mind

Kanger boosted by Malaysia in China's "priority vaccine recipient" list

In a filing with Bursa Malaysia, Kanger said it intends to pursue business expansion or future viable investment into the healthcare industry.It may expand via mergers and acquisitions, joint venture, collaborative arrangements, business agreements in the healthcare sector.

https://www.nst.com.my/business/2020/10/632004/kanger-boosted-malaysia-chinas-priority-vaccine-recipient-list

If HWGB also can fly, i foresee the same will happen to this counter.

Kanger is on target to become the world’s largest producer of bamboo products with the commencement of a new high-tech bamboo processing plant and R&D centre which was developed in collaboration with the local government of Jingzhou in Hunan Province, China.

https://www.thestar.com.my/business/business-news/2020/09/09/kanger-international-on-track-to-be-largest-producer-of-bamboo-products

yes, i am lucky i managed to enter earlier.

Nice...

@Mcaresdk91 Welcome to Prlexus. Are you in it?

@foker no need to feel so threatened lol so insecure

Politics won’t get in the way of vaccine distribution

Should be able to see the movement within 1 month.

Just be patient. It should continue uptrend sooner or later.

Of all the news, this is the most important one. This will be the catalyst for the price to fly.
Muhyiddin: Malaysia to ink Covid-19 vaccine MoU with China
https://www.theedgemarkets.com/article/muhyiddin-malaysia-ink-covid19-vaccine-mou-china

Hence its good to enter now before shark start to push which by then will be too late to enter.

Covid-19 Vaccine, Kanger signs with China National Pharmaceutical
https://www.beltandroad.news/2020/10/09/covid-19-vaccine-kanger-signs-with-china-national-pharmaceutical/

@Rajafei shark havent noticed yet. Once they notice its too late to enter already.

On Aug 11, Kanger, which is involved in the manufacture and trade of bamboo flooring and related products, said it had been approached by Dubai-based Constellation Holdings Ltd (CHL) to jointly set up medical examination gloves operations in Malaysia.

A heads of agreement was executed with CHL two days later, with the Dubai company paying RM49,000 to Kanger for a 49% stake in Kanger Glove Manufacturing Sdn Bhd, which plans to acquire land in Selangor worth RM6.8 million to set up a glove factory for RM70 million. According to Kanger, most of the gloves will be sold to CHL.

https://www.theedgemarkets.com/article/beneficiaries-pandemic-separating-wheat-chaff

Kanger sets up JV for glovemaking venture
https://themalaysianreserve.com/2020/08/17/kanger-sets-up-jv-for-glovemaking-venture/

Kanger, SSB collaborate to market antimicrobial coating solutions in Malaysia, globally
https://www.nst.com.my/business/2020/07/605182/kanger-ssb-collaborate-market-antimicrobial-coating-solutions-malaysia

@Mcaresdk91 I did a little research and found these articles :

1) Kanger to build glove plant for exports
https://www.nst.com.my/business/2020/08/617147/kanger-build-glove-plant-exports

2) Kanger invests RM77mil on glove factory
https://www.nst.com.my/business/2020/08/616658/kanger-invests-rm77mil-glove-factory

3) Kanger courted by UAE firm to jointly set up glove outfit in Malaysia
https://www.theedgemarkets.com/article/kanger-courted-uae-firm-jointly-set-glove-outfit-malaysia

Tomorrow perhaps uptrend

Does this counter also sell gloves?

Tomorrow trend will continue get ready

oh no wonder it rose. Just realised this news.
Malaysia to be on priority list for China-produced COVID-19 vaccine: Foreign minister
https://www.channelnewsasia.com/news/asia/malaysia-china-covid-19-vaccine-priority-list-wang-yi-13271934

Wu Guizhen, the chief biosafety expert at China’s Center for Disease Control and Prevention in Beijing, told Chinese state media last month that two vaccines developed by Shanghai pharmaceutical group Sinopharm will be available in November or December

https://www.nature.com/articles/d41586-020-02807-2

Showtime tomorrow thurs/fri and continue next week hopefully.

Wish me luck

Yes im also in now hehe

Quick reply thanks!