Posted by MZM2511 > 2020-10-23 17:23 | Report Abuse

Penyelesaian krisis politik. Juga akan beri kesan kepada ekonomi. Saling nak berebut jadi PM inilah padahnya.

Posted by DRwarrant > 2020-10-23 17:59 | Report Abuse

hmmm...I AM BACK WITH A BANGGG $$$$$

Posted by papaya > 2020-10-23 18:10 | Report Abuse

all panicked bcos abah yidin gov. talking about darurat......

Posted by DRwarrant > 2020-10-23 18:16 | Report Abuse

Have faith on our darling Nexgram.. Infact the worst the Covic pandemic the better the Nexgram.. Even found Covid vaccine also good to Nexgram with Arita Vaccine Bottling... Means all rounder Nexgram on Covid pandemic business $$$

Posted by nestor > 2020-10-23 18:49 | Report Abuse

May I know what is the impact on latest announcement?

Posted by MZM2511 > 2020-10-23 19:09 | Report Abuse

Just extract from one source:

Officials at Putrajaya emphasised that only political activities would be affected by the Emergency.
“It will be business as usual. Economic activities will carry on and there will be no curfews.

Posted by David Coperfield > 2020-10-23 19:26 | Report Abuse

DRwarrant @ all feel very disappointed because Darling NEXGRAM price doesn't want to go UP! since many projects going on. Can you GORENG UP the price?

Posted by TunPika > 2020-10-23 21:09 | Report Abuse

Vaksin Covid-19: COVAX vs SINOVAX

Buat masa sekarang, vaksin bukanlah "silver bullet solution" kepada pandemik Covid-19. Akan tetapi, Dr. Noor Hisham mengingatkan kita untuk terus jaga SOP dan kawalan kendiri. Hal ini kerana vaksin baru sahaja dibangunkan dalam fasa fasa tertentu.

Untuk pengetahuan semua, terdapat 193 jenis vaksin yang sedang giat dibangunkan di seluruh dunia. 42 daripada 193 jenis vaksin telah memasuki fasa ujian klinikal (phase clinical trial). Dan 11 daripada 42 jenis vaksin tersebut telah memasuki fasa ketiga (phase three clinical trial) iaitu fasa yang terakhir.

Selepas fasa terakhir itu, barulah vaksin itu akan dinilai berdasarkan data-data tentang keberkesanan dan betapa selamatnya vaksin tersebut. Selepas itu, barulah vaksin diluluskan oleh agensi badan kelulusan (regulatory agency) di setiap negara. Kalau di Malaysia, regulatory agency kita ialah National Pharmaceutical Regulatory Agency (NPRA) iaitu satu agensi di bawah Kementerian Kesihatan.

Setelah badan NPRA ini berpuas hati dengan keberkesanan vaksin tersebut, kerajaan barulah membuat pembelian vaksin. Setakat ini, kerajaan Malaysia sedang membuat rundingan dengan beberapa pihak seperti badan antarabangsa WHO (COVAX) untuk kemudahan membeli vaksin secara pukal. Malaysia juga adaa berunding dengan China ( SinoVax) dan menjadi negara terawal terima vaksin dari China. Hal ini kita boleh hasil perjanjian persefahaman MoU antara DS Hishamudin dan rakan sejawatnya dari China.

Itu cerita secara umum tentang keadaan fasa vaksin buat masa sekarang.

Selepas itu, kita lihat pula bagaimana Vaksin ini diagihkan kepada 30 juta rakyat Malaysia. Siapa yang berhak dapat vaksin itu dulu? dan bagaimana kerajaan nak agihkan vaksin tersebut? Agak mustahil kerajaan agih secara serentak kepada 30 juta rakyat Malaysia. Menurut Khairy Jamaludin sendiri, kebiasaannya kerajaan akan utamakan golongan risiko tinggi terlebih dahulu seperti frontliner, health workers, dan warga emas. Selepas itu, KKM akan jelaskan jadual untuk mendapatkan vaksin kepada orang ramai pula. Kerajaan juga ada menyasarkan sekurang-kurangnya 70% rakyat Malaysia dapat vaksin tersebut untuk mendapatkan imuniti pukal.

Kalau kita lihat dari perspektif materialist dan pelabur, kita lihat vaksin telah buka satu peluang pasaran yang besar. Berdasarkan pandangan seorang market researcher seperti Barron, beliau menganggarkan pasaran vaksin Covid-19 di seluruh dunia berjumlah USD30 billion. Di Malaysia pula, kerajaan ada berunding dengan syarikat-syarikat parmaseutikal seperti Pharmaniaga dan DuoPharma. Ada juga syarikat yang berkaitan vaksin dari US seperti Bintai Kinden, dan HWGB.

China pula, syarikat seperti Kanger dan Solutn juga acap kali disebut oleh peruncit-peruncit Bursa Malaysia. Kerajaan juga ada bercadang untuk menjadi hab pembotolan Vaksin melalui anak syarikat Nexgram. Buat masa ini, kita lihat pasaran sarung tangan getah sedang mendapat permintaan yang tinggi dari seluruh dunia. Ramai yang mendapat manfaat yang besar dalam pasaran ini sebelum ini. Oleh itu, kita perlulah ambil peluang pasaran ini untuk besarkan lagi pegangan kita dalam kitaran ekonomi sekarang.

Kesimpulannya, penyelesaian kepada pandemik Covid-19 ini, hanya dapat diselesaikan dengan vaksin yang berkesan. Kerajaan harus cermat dalam membuat penilaian tentang keberkesanan vaksin tersebut agar tak membahayakan keseihatan dan keselamatan rakyat Malaysia. Sungguh, kita impikan kehidupan yang lebih sejahtera dan aman pasca Covid-19.

Sumber

1. Pejabat Perdana Menteri Malaysia Laman Web Rasmi

2. MOSTI

Posted by Abd Rahim Osman > 2020-10-23 21:24 | Report Abuse

PN 17...adoii

Posted by m_faiza1 > 2020-10-23 21:41 | Report Abuse

Well said TunPika....
and Nexgram not trigger under PN17, but just triggering under suspended
criteria under GN3 but not classified as GN3 listed.

Posted by Abd Rahim Osman > 2020-10-23 21:45 | Report Abuse

Legaaa

Posted by David Coperfield > 2020-10-24 00:27 | Report Abuse

Adoiiiiiiiiiiiiiiiiiiiiiii ! is Dangerous? Anyone can explain? Going BANKRUPTCY? PN 17 or Good news or Bad news or FAST RUN away , or BUY more? How ? confused already !!

*************************


Announcement from BURSA:-

Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3

Description
NEXGRAM HOLDINGS BERHAD ("NEXGRAM" OR "COMPANY") BURSA MALAYSIA SECURITIES BERHAD ("BURSA") GN3 RELIEF MEASURES RESULTING IN NEXGRAM TRIGGERING SUSPENDED CRITERIA BUT NOT CLASSIFIED AS A GN3 LISTED ISSUER

The Board of Directors of Nexgram wishes to announce that the Company has triggered the prescribed criteria pursuant to Rule 8.04 and Paragraph 2.1(g) of Guidance Note 3 ("GN3") of the ACE Market Listing Requirements of Bursa ("ACE LR"), the Auditors had highlighted a material uncertainty related to going concern (“MUGC”) for the financial year ended 31 July 2019 and Nexgram’s shareholders' equity on a consolidated basis is 50% or less of its share capital (excluding treasury shares) based on the unaudited fourth quarter results ended 31 July 2020.

Bursa had via its letter dated 16 April 2020 granted affected listed issuers relief from complying with the obligations under Rule 8.04 and GN3 of the ACE LR ("GN3 Relief Measures") from 17 April 2020 to 30 June 2021 ("Relief Period"). The GN3 Relief Measures will be available to the listed issuer if it triggers any one of the following criteria under GN3 of the ACE LR ("Suspended Criteria"):-

a) its shareholders' equity on a consolidated basis is 25% or less of its share capital;

b) It has incurred loss in any 1 full financial year (“FY”) commencing on or after its listing, which is equal to or exceed the amount of its shareholders’ equity at the end of the said FY and its shareholders’ equity is equal to or less than 50% of its share capital at the end of the said FY;

c) it has incurred aggregate losses in any 2 consecutive full FYs commencing on or after its listing (“said financial period”)-

(i) which exceed the amount of its shareholders’ equity at the end of the said financial period;
(ii) the loss incurred in the 2nd full FY of the said financial period is 50% or more of the loss incurred in the 1st full FY of the said financial period; and
(iii) its shareholders’ equity is equal to or less than 50% of its share capital at the end of the said financial period;

d) the auditors have highlighted a MUGC or expressed a qualification on the listed issuer's ability to continue as a going concern in its latest audited financial statements and its shareholders' equity on a consolidated basis is 50% or less of its share capital (excluding treasury shares); and

e) default in payment by the listed issuer, its major subsidiary or major associated company, as the case may be, as announced pursuant to Rule 9.19A of the ACE LR and the listed issuer is unable to provide a solvency declaration to the Exchange.

Under the GN3 Relief Measures:-

1. an affected listed issuer that triggers any of the Suspended Criteria during the Relief Period will not be classified as a GN3 listed issuer and will not be required to comply with the obligations pursuant to Rule 8.04 and GN3 of the ACE LR for a period of twelve (12) months from the date of triggering the criteria;

2. the affected listed issuer will still be required to make an immediate announcement that it has triggered the Suspended Criteria and the relief provided ("Relief Announcement");

3. the affected listed issuer will still be required to make an immediate announcement that it has triggered the Suspended Criteria and the relief provided ("Relief Announcement");

4. if the affected listed issuer continues to trigger any of the criteria in GN3 of the ACE LR, it will then be classified as a GN3 listed issuer and must comply with all the obligations under Rule 8.04 and GN3 of the ACE LR, including the obligation to submit a regularisation plan to the relevant authorities within twelve (12) months from the said Announcement.


For the avoidance of doubt, Nexgram will not be classified as a GN3 listed issuer and will not be required to comply with the obligations pursuant to Rule 8.04 and GN3 of the ACE LR for a period of 12 months from the date of this announcement. Nexgram will re-assess its condition and announce whether it continues to trigger any of the criteria in GN3 of the ACE LR upon the expiry of the 12 months from the date of this announcement.

This announcement is dated 23 October 2020.

Posted by MZM2511 > 2020-10-24 01:44 | Report Abuse

As per my understanding the problem affected Nexgram relating to:
(1) Auditors had highlighted a material uncertainty related to going concern (“MUGC”) for the financial year ended 31 July 2019. As per an announcement:

https://www.bursamalaysia.com/market_information/announcements/company...

Excerpt from the auditors report showed that:
With the continued support by CIMB Islamic Bank Berhad, the material uncertainty on going concern is deem resolved for the time being

(2) Nexgram’s shareholders' equity on a consolidated basis is 50% or less of its share capital (excluding treasury shares) based on the unaudited fourth quarter results ended 31 July 2020.

From the unaudited fourth quarter results ended 31 July 2020, shareholders' equity on a consolidated basis is 48.11% of its share capital (excluding treasury shares). Its shareholders equity is RM99 360 869 and it share capital is RM206 519 923. Accumulated losses increased to RM138,169,775 after the losses from fourth quarter results ended 31 July 2020 amounted RM62,110,798 has been added.
-----------------------------------------------------------------------

The risk to be listed as GN 3 listed company is there especially if Nexgram still incurring losses in future QRs after the said relief period ended on 30 June 2021.

For now, Nexgram will not be classified as a GN3 listed issuer and will not be required to comply with the obligations pursuant to Rule 8.04 and GN3 of the ACE LR for a period of 12 months from the date of this announcement (from17 April 2020 to 30 June 2021)

Please correct me if I'm wrong.

Posted by David Coperfield > 2020-10-24 08:26 | Report Abuse

So this announcement Monday LIMIT DOWN OR LIMIT UP or panic sell ??

Posted by Xiao hei Ren > 2020-10-24 12:01 | Report Abuse

Run fast2 lo.. ..bo cao siiiiii..... !!!!!!

Posted by DRwarrant > 2020-10-24 12:02 | Report Abuse

My friend David C , are you newbie ?.....I got mad on you ..FED UP....like .want to throww my shoes to you...And am willing to offer money $ to Australian EGG BOY to EGG your head...
.shame on you David 3X !

This is just a soft reminder based on the previous Quarter Result....that was history already ..we are moving ahead - not backward ./ reverse .

Bear in mind....Looks forward...Great future for our Darling Nexgram..whether vaccine found OR Covid getting worst as of now ---
Nexgram to better off with streams of Income Comingg $

From agreement with Malaysian Govt ( Ministry of Health + Tourism M'sia & what Not ) + Indonesia Covid Business & if Vaccine Found also Great to Nexgram since Vaccine Bottling Business is On from this month ( Oct 2020 ) after agreement take over of Bottling Company Areta ......So Nexgram is ALL ROUNDER BUSINESS ON Covid 19......VERY PROMISING OF NEXGRAM $

After all this Nexgram is not included in PN17 ( GN 3 )...it's nothing but merely a soft reminder based on previous Quarter result....
NEXT QUARTER RESULT ?....99 % SURE ONE $ - FANTASTIC given the Covid Situation means more $ to OUR DARLING NEXGRAM !

History 101..Even those previously included in PN17 for example LUSTER ...see now VERY FANTASTIC , like Bursa CHAMPION $ Now !.....see the Explosive warrant Luster WA (2012 ) & WB exploded around 1,500 % NOW with in few months only .

Covid related warrant too -- MQTECH WA ( 2012 ) exploded roughly 4,000 % with in couple months - Thanks to Covid related business .

Our Darling - Explosive Nexgram WC (2014 )....long 4 yrs to go got very bright future...WB ( 2013 ) looks promising $ roo

** Bear in mind selling pressure the last 30 minutes before market closed friday was due to Moodeen Government planning to impose emergency ruling ..but now seems fading ( shame on you ,Moodeen )

Posted by Becksaham > 2020-10-24 12:08 | Report Abuse

nice @DRwarrant. go nexgram

Posted by papaya > 2020-10-24 12:22 | Report Abuse

yup....stupid decision to grap on power causing panic selling.....

Posted by askhalan > 2020-10-24 12:25 | Report Abuse

Thx @DRearrant

Posted by David Coperfield > 2020-10-24 14:34 | Report Abuse

DRwarrant @ u no gentlemen lo, i just study until standard 6 only! then you shooooot me like tat, i feel up sad lol, i saw the announcement immediately get panic already. Furthermore, you get loss & no turning up or give comments, it makes me lost control! Ohhh So know i keep my DARLING TICKET for sure 1 day i can become a millionaire but currently, i got MILLION-HAIR only lo hehehehe

Posted by niubee126 > 2020-10-24 19:29 | Report Abuse

Kihkihkih...

Posted by Singapore88 > 2020-10-24 19:50 | Report Abuse

Be a millionaire

Posted by nestor > 2020-10-24 20:04 | Report Abuse

Malaysia Covid case getting serious. Will it benefit Nexgram ?

Posted by DRwarrant > 2020-10-25 08:57 | Report Abuse

ICT / Tech firm Nexgram Holdings Bhd NOW ON COVID PPE & VACCINE BOTTLING MANUFACTURING $$

Covid-19: A record 1,228 new cases reported, plus 7 deaths.......

# " Thanks " Covid - Great News to Nexgram Covid Business with M-sian Government ( Health Ministry , Tourism M'sia , Immigration & what not ) . Indonesia too.....Vaccine Bottling Business Arita .
Expecting Fantastic Next Quarter Result....More $$ Comingg....
A Boon / Windfall $$$ for Nexgram

#ATTACCKKKKKKKKKKKKKKK$$$$$

Posted by David Coperfield > 2020-10-25 09:22 | Report Abuse

Then my dream can come true la , so Drwarant, please goreng up the price until LIMIT PLS !

Posted by 651158 > 2020-10-25 09:27 | Report Abuse

not project how to cook cook up, project Indonesia don't no getting or not

Posted by DRwarrant > 2020-10-25 10:13 | Report Abuse

651158.....You sour grape...still Newbie haaa..?

Nexgram bag medical Nitrile Examination Gloves contract to supply Indonesia [23 July 2020]
corporatepublisher corporatepublisher
3 months ago
Earlier announcement:

NEXGRAM HOLDINGS BERHAD


Type Announcement
Subject OTHERS
Description
NEXGRAM HOLDINGS BERHAD (NEXGRAM OR THE COMPANY)

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 Board of Directors of Nexgram is pleased to announce that Nexgram Biomedic Sdn Bhd. (“NBSB”), a wholly-owned sub-subsidiary of the Company entered into a Conditional Offtake and Purchase Agreement (“Agreement”) with PT Mitra Abadi Propertindo Utama (“MAPU”) on 22 July 2020 to sell to MAPU for the latter to promote, market and distribute personal protection equipment (“PPE”) includes gown known as AAMI Isolation Gown and medical glove product known as K-Gloves Nitrile Examination Gloves-powder free in Indonesia, as per the terms and condition of the Agreement.



Please refer to the attachment for details of the announcement.

Posted by askhalan > 2020-10-25 15:06 | Report Abuse

Distribute start Nov 2020 wait full announment later

Posted by David Coperfield > 2020-10-25 15:47 | Report Abuse

https://www.theedgemarkets.com/article/nexgram-unit-acquires-65-stake-plastic-material-manufacturer-rm195mil

Posted by Abd Rahim Osman > 2020-10-25 17:36 | Report Abuse

Ini stock
Kena kuat imam
Macam macam berita keluar..
Seram sejuk dibuatnya

Posted by Orlando > 2020-10-25 20:01 | Report Abuse

Tis co has only a hint of wat 5% chance of success wit its new bizs 95% chance of goin down d GN3 drain... worthwhile??

Pathetic fallacy

Posted by MZM2511 > 2020-10-25 20:03 | Report Abuse

@Orlando. Are you a witch or a speculator or an analyst? He He

Posted by Orlando > 2020-10-25 20:40 | Report Abuse

MUGC arrow piercing thru announced potential good bizs like taufu

Most lethal n unfortunate sequence of events

Posted by Orlando > 2020-10-25 20:42 | Report Abuse

Actually MUGC happened since 2019 AR how come taking so long to announce?

Posted by Orlando > 2020-10-25 21:14 | Report Abuse

Wld u hv bot if d MUGC were announced earlier way back in November 2019??

Posted by Orlando > 2020-10-25 21:46 | Report Abuse

The 5%....


MZM2511 I think some of the previous problems have been resolved such as disposal of unprofitable property (buildy) to settle bank borrowing, clearing certain amount of debts by settling with ICPS and clearing the bad investment by disposing investment property, bad debt written off, fair value loss on investment, impairment on goodwill and write-off of land held for property development (based on last QR).
I think its balance sheet should be in better condition than before.

Many new biz such as the Gua Musang Highway contract, the healthcare business and the profitable logistics business will help the company to be in black again.

Concerning the MUGC, it's better for us to ask the authority, BSKL.

25/10/2020 9:33 PM

Posted by Orlando > 2020-10-25 21:47 | Report Abuse

The 95%....


MZM2511 @Orlando. About MUGC (the risk for the company to be listed as PN17), I had factored in the risk because positively in the announcement it stated that the problem has been resolved.

Excerpt from the auditors report showed that:
With the continued support by CIMB Islamic Bank Berhad, the material uncertainty on going concern is deem resolved for the time being.

25/10/2020 9:42 PM

Posted by MZM2511 > 2020-10-25 21:47 | Report Abuse

I think some of the previous problems have been resolved such as disposal of unprofitable property (a building) to settle bank borrowing, clearing certain amount of debts by settling with ICPS and clearing the bad investment by disposing investment property, bad debt written off, fair value loss on investment, impairment on goodwill and write-off of land held for property development (based on last QR).
I think its balance sheet should be in better condition than before.

Many new biz such as the Gua Musang Highway contract, the healthcare business and the profitable logistics business will help the company to be in black again.

Concerning the late MUGC notice, it's better for us to ask the authority, BSKL.

Posted by MZM2511 > 2020-10-25 21:48 | Report Abuse

@Orlando. About MUGC (the risk for the company to be listed as PN17), I had factored in the risk before bot in because positively in the announcement it stated that the problem has been resolved.

Excerpt from the auditors report showed that:
With the continued support by CIMB Islamic Bank Berhad, the material uncertainty on going concern is deem resolved for the time being.

Posted by Orlando > 2020-10-25 21:59 | Report Abuse

Pathetic fallacy

Posted by MZM2511 > 2020-10-25 22:07 | Report Abuse

@Orlando. It's good and I'm to be thankful if you can give me the reasons for your stands on the 5% and 95% chance of success and chance of to be listed as GN3 respectively.
I would be very happy if your reasoning can give me the alternatives for my understanding of the coy.

Posted by David Coperfield > 2020-10-26 00:34 | Report Abuse

So how to hold or to sell? no hope? no future ? or going to holland ? or faster run?

Orlando @ pathetic fallacy means the attribution of human feelings and responses to inanimate things or animals, especially in art and literature.

I would be happy if you can give me details to an understanding of the company, I would be much appreciated.

Posted by wailim116 > 2020-10-26 07:18 | Report Abuse

You sold.. owner collect.. except cut loss

Posted by Orlando > 2020-10-26 07:57 | Report Abuse

The 5%?

Jz ask urself wld I entered into a sizeable deal wit a co in GN 3?

Who want to deal wit a co in GN3? In GN3 way b4 d pandemic

Ppl wil always b wondering can a GN3 co deliver its part of d deal or not? Money like not enough?

Wat if d bank stopped supporting d co?

Now tat it in GN3 can get any bank to finance d rm 19.5m purchase?

LSC did not want to associate himself wit a GN3 co

Posted by Orlando > 2020-10-26 08:07 | Report Abuse

Let's c hw d mkt wil react

Posted by MZM2511 > 2020-10-26 08:22 | Report Abuse

@Orlando. Please read this.

Purchase Consideration of RM19,500,000.00 is to be satisfied via the issuance of 1,000,000 RCPS in NMEDI at an issue price of RM19.50 per RCPS at ZERO COUPON RATE with NO DECLARATION OF DIVIDEND throughout the tenure of three (3) years commencing from and inclusive of 12 October 2020 with an option to extend for another period of three (3) years.

Every one (1) RCPS MAY BE CONVERTED into one (1) new NMEDI Share at 3rd anniversary of RCPS or if extended, at the 6th anniversary of the RCPS shall be automatically converted into new NMEDI shares.

NMEDI shall have the option to redeem the RCPS at the 3rd anniversary of RCPS or if extended, at the 6th anniversary (“Maturity Date”) based on the latest audited net assets of NMEDI as at the Maturity Date and in accordance with the provisions of the Companies Act, 2016.

Posted by Orlando > 2020-10-26 08:30 | Report Abuse

Well ok

5% is increased to 15%

Posted by MZM2511 > 2020-10-26 08:46 | Report Abuse

Beware this type of people. They are creating doubts about the company. They are speculators and not the analysts. They are ignoring even for a simple information about the company Their objective is to make a panic selling to be happen in order to get the company shares at cheaper price.

Beware guys. The great fallacy will be created by the speculator.

Posted by Orlando > 2020-10-26 09:04 | Report Abuse

Ask ur bank is GN3 stil accepted for shares margin facility?

Posted by Orlando > 2020-10-26 09:05 | Report Abuse

Doubt is created by d GN3 announcement not me