Chill guys.. Why so panic? Just see the market in overall, those who chase high in main counters are crying.. Compared to them, we are as steady as Mount Everest..
Minor drop is unavoidable as the market is in red.. Just hold and wait..
My friend cuwana...if you are seasoned traders ...since 20 years ago that no 188 signal syndicates from OSK stock brokers now taken over by RHB Investment Bank.
@gotogo. Exporting masks is prohibited. Instead, Nexgram will be exporting PPE- (gowns and medical Gloves) as stated below:
CONDITIONAL OFFTAKE AND PURCHASE AGREEMENT ENTERED INTO BETWEEN NEXGRAM BIOMEDIC SDN BHD WITH PT MITRA ABADI PROPERTINDO UTAMA FOR DISTRIBUTING PERSONAL PROTECTION EQUIPMENT TO INDONESIA
The Company’s announcement dated 23 July 2020 (“Announcement”) and the query letter from Bursa Malaysia Securities Berhad dated 27 July 2020 (Ref : IQL-27072020-00002) in relation to the Conditional Offtake and Purchase Agreement (“Agreement”) refer. Unless otherwise stated, the terms used in this announcement shall have the same meaning as defined in the Announcement. The Board of Directors of Nexgram wishes to announce the following additional information as required in Query: 1. The source of the supply of the PPE i.e. the gown and medical gloves to NBSB for NBSB’s onward distribution to MAPU. NBSB get the supply from Crecom Burj Gloves Sdn Bhd which NBSB is the appointed representative for AAMI Isolation Gown and K-Gloves Nitrile Examination. 2. Total capital and/or investment outlay required of NEXGRAM and/or NBSB in respect of the venture into the distribution of PPE to MAPU. No capital or investment outlay is required by NBSB as the customer is required to pay the deposit of their order. 3. Clarification on whether the sale of PPE to MAPU requires any government approvals in Malaysia and/or Indonesia. If yes, please state the government approvals NBSB needs to obtain and the status of such approvals. PPE is not required approval from Medical Device Authority. However, MAPU will apply the special access approval from Kementerian Kesehatan Republik Indonesia upon each delivery. 4. The commencement and expiry dates of the sale of the Products to MAPU as stipulated in the Agreement. The first delivery of the order for AAMI Isolation Gown and K-Gloves Nitrile Examination Gloves-Powder Free will be on November 2020. This announcement is dated 28 July 2020
@gotogo. Earlier, Nexgram's subsidiary, NISB also involves for distributing TRI-G'S COVID-19 MEDICAL DEVICES and as an authorised distributor for Malaysia. Its also involves Indonesia's market.
The Board of Directors of Nexgram is pleased to announce that Nexgram Industries Sdn Bhd. (“NISB”), a wholly-owned subsidiary of the Company has on 12 March 2020 entered into a Sales Agreement (“Agreement”) with Shanghai Liangrun Biomedicine Technology Co., Ltd (“Shanghai Liangrun”) to sell their product, Diagnostic Kit for Antibody IgM/IgG of Novel Coronavirus COVID-19 (“Diagnostic Kit”) in Malaysia and Indonesia. Besides, Shanghai Liangrun has directly appointed NISB as the authorised distributor to seek the approvals from the Ministry of Health in Malaysia and relevant authorities in Indonesia for the distribution of the Diagnostic Kit.
Please refer to the attachment for details of the announcement.
STRATEGIC SOURCING AGREEMENT ENTERED INTO BETWEEN NEXGRAM INDUSTRIES SDN BHD WITH PT RAFA TOPAZ UTAMA FOR DISTRIBUTING MEDICAL DEVICES TO JAKARTA TIMUR INDONESIA AND CERTAIN PART OF SOUTH EAST ASIA MARKET The Board of Directors of Nexgram is pleased to announce that Nexgram Industries Sdn Bhd. (“NISB”), a wholly-owned subsidiary of the Company has on 21 April 2020 entered into a Strategic Sourcing Agreement (“Agreement”) with PT Rafa Topaz Utama (“RAFA”) to sell to RAFA for the latter to promote, market and distribute medical ventilators in Jakarta Timur, Indonesia and certain part of South East Asia market, as per the terms and condition of the Agreement.
Please refer to the attachment for details of the announcement.
STRATEGIC SOURCING AGREEMENT ENTERED INTO BETWEEN NEXGRAM INDUSTRIES SDN BHD WITH PT MITRA ABADI PROPERTINDO UTAMA FOR DISTRIBUTING MEDICAL DEVICES TO INDONESIA AND CERTAIN PART OF SOUTH EAST ASIA MARKET The Board of Directors of Nexgram is pleased to announce that Nexgram Industries Sdn Bhd. (“NISB”), a wholly-owned subsidiary of the Company has on 16 April 2020 entered into a Strategic Sourcing Agreement (“Agreement”) with PT Mitra Abadi Propertindo Utama (“MAPU”) to sell to MAPU for the latter to promote, market and distribute Detection and Diagnostic Kit and Rapid Test Kit, and other medical supplies products in Indonesia and certain part of South East Asia market, as per the terms and condition of the Agreement.
Please refer to the attachment for details of the announcement.
EXCLUSIVE MASTER DISTRIBUTION AGREEMENT ENTERED INTO BY TRI-G TECHNOLOGIES SDN BHD (TRI-G) FOR DISTRIBUTING TRI-G'S COVID-19 MEDICAL DEVICES TO BE UNDERTAKEN BY NEXGRAM INDUSTRIES SDN BHD Reference is made to the Company’s announcement dated 20 April 2020 in relation to the Strategic Outsourcing Agreement, it was stated therein that Nexgram Industries Sdn. Bhd. (“NISB”), the wholly-owned subsidiary of the Company had on 27 March 2020 appointed as the Exclusive Master Distributor of Tri-G Technologies Sdn. Bhd. (“TRI-G”) to distribute TRI-G’s medical supplies, including quantitative RT-PCR (Reverse Transcription Polymerase Chain Reaction) or RT-qPCR (Quantitative Reverse Transcription PCR) machines, reagents and test kits and Coronavirus test kits in Malaysia for a period of 2 years, commencing 27 March 2020.
In furtherance to that, the Board of Directors of Nexgram wishes to clarify and announce further information in relation to the Exclusive Master Distribution Agreement ("DA") entered into between TRI-G and NISB.
Please refer to the attachment for details of the announcement.
Nexgram Medical (NMed) specialize in business advisory in procurement and distribution of medical devices such as Antibody & Antigen Rapid Test Kit, PCR Reagents Test Kit, and other molecular diagnosis solutions.
NMed also held master distributorship for Ventilator, Hospital devices, Thermometer with Face recognition & Disinfection spraying system, as well as personal protective equipment (PPE) such as 3-ply masks, N95 face masks, KN90 face masks, Surgical masks, Medical protective glasses, Disposable Surgical Medical Gown & Clothing, Sanitizer, as well as referrals to authorities approved Vaccines and Medicine supplies.
Nexgram Medical is available to International markets such as Thailand, Malaysia, Indonesia, Vietnam, Cambodia, India, France, Spain, Germany, South Africa, and other countries and regions.
NMed is operated by Tri-G Technologies Sdn Bhd, together with sister company Nexgram Biomedic Sdn Bhd, both subsidiaries of Nexgram Industries, part of Nexgram Holdings Berhad.
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....
Kabana1956
149 posts
Posted by Kabana1956 > 2020-08-11 13:09 | Report Abuse
Oil n gas hopefully not 1 day show.