Latest announcement: Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings in the previous announcements made by the Company on the MOU between the Company and RDIF on 9 April 2021, 14 April 2021, 28 April 2021, 19 May 2021, 20 May 2021 and 9 June 2021.
The Board of Directors of the Company wishes to update that the Company and RDIF are currently in negotiation to finalise the definitive agreement in accordance with the objectives of the MOU.
This announcement is dated 13 August 2021.
Announcement Info Company Name UCREST BERHAD Stock Name UCREST Date Announced 13 Aug 2021 Category General Announcement for PLC Reference Number GA1-13082021-00001
Negotiating the terms with RDIF. In Q report, mentioning made great progress in Vaccine project. Current market cap 186m. Without Vaccine, they are making 11mil this year. (Will be more if exclude the ESOS expenses) P/E: 17
Can observe India producing Sputnik V, looks like they have delay in the 2nd dose production which RDIF mentioned is progress well, and verifying the produced Vaccine.
OTHERS UCrest Berhad ("the Company") Proposed New and Renewal of the Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Mandate"). UCREST BERHAD
Type Announcement Subject OTHERS Description UCrest Berhad ("the Company") Proposed New and Renewal of the Existing Shareholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature ("Proposed Mandate"). The Board of Directors of the Company wishes to announce that the Company proposes to seek the approval of its shareholders at the forthcoming Annual General Meeting on the Proposed Mandate.
The Circular to Shareholders setting out the details of the Proposed Mandate will be despatched to the shareholders in due course.
Announcement Info Company Name UCREST BERHAD Stock Name UCREST Date Announced 13 Aug 2021 Category General Announcement for PLC Reference Number GA1-13082021-00002
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jacky88
139 posts
Posted by Jacky88 > 2021-07-22 10:43 | Report Abuse
hope today can breakout