Letter Subject or Reference - UNUSUAL MARKET ACTIVITYUnusual Market ActivityYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com
After having made due enquiry with the Board of Directors (“Board”), major shareholders of the Company and such other relevant persons, the Company’s reply to the query by Bursa Securities are as follows:-
1. Save for the Proposed Special Issue, Proposed Internal Reorganisation and Proposed ESOS announced on 30 June 2020, 3 July 2020 and 26 October 2020 respectively as well as the Memorandum of Understanding entered into between Kanger International Berhad and K-Star on 26 October 2020 and 28 October 2020, there is no other corporate development relating to K-Star Group’s business and affairs that has not been previously announced that may account for the trading activity including those in the stage of negotiation/discussion;
2. Other than the above, the Board is not aware of any rumour or report concerning the business and affairs of K-Star Group that may account for the trading activity;
3. Other than the above, the Board is not aware of any other possible explanation to account for the trading activity; and
4. The Company is in compliance with the Main Market Listing Requirements (“Main LR”) of Bursa Securities, in particular Paragraph 9.03 of the Main LR on immediate disclosure obligations.
Dow soars more than 1,000 points after Pfizer announces great news about its vaccine and Joe Biden declared victorious
New York (CNN Business)US stocks surged Monday, after Pfizer said its Covid-19 vaccine is 90% effective, and Joe Biden was projected to be the winner of the presidential election over the weekend.
The Dow (INDU) was up as many as 1,610 points before paring some of its gains. The index was last up 1,260 points, or 4.4%.
At this rate, the Dow is on pace for one of its best days of the year and one of its biggest daily point gains in history. The index is also on track to overtake its February all-time closing high and has already set a new intraday record high.
The broader S&P 500 (SPX) jumped 3.3%. It is also on track for a record high, as well as its best day since April.
The Nasdaq Composite (COMP) also opened higher, jumping 1.3%, but the tech-heavy index is lagging behind as many tech stocks that benefited during stay-at-home orders went into reverse.
The Nasdaq is still below its September record, but it's not far off. Pfizer's much-better-than-expected vaccine efficacy announcement, albeit an early look at its data, is just what Wall Street had been hoping for. The coronavirus pandemic has caused historic economic turmoil across the globe, and cases are surging to new records every day. That threatens to tip the scales and send the US economy heading in the wrong direction once again.
Although the vaccine is not set to be widely administered soon, Pfizer said it plans to seek emergency use authorization from the US Food and Drug Administration soon after volunteers have been monitored for two months following their second dose of the vaccine.
The drugmaker's CEO Albert Bourla said Monday that the company expects to have 1.3 billion doses of the vaccine globally next year, on top of 50 million doses this year. Two separate production lines, one in the United States and one in Europe, will make the vaccine.
Pfizer's (PFE) stock surged 14.1% at the open. The vaccine news was good for pharmaceutical stocks, including Dow components Merck and Johnson & Johnson, both of which were higher before the bell.
巴西CBN广播电台(Central Brasileira de Notícias)11月9日称,暂停测试是因有志愿人士死亡,不过这消息尚未经Anvisa证实。CBN获得的资料显示,去世的志愿人士本身没感染新冠肺炎,其死因亦未明。当事件被报道后,Anvisa发出确认中断测试的命令。当局将成立委员会分析这个案。
This loss making SHOES COMPANY wants to sell covid vaccine. He he...i laugh until my kok turns blue. Some people will jump off building later. Stay away.
We refer to the announcements dated 26 October 2020 and 28 October 2020 (‘Announcements’) in relation to the Memorandum of Understanding for appointment of K-Star or any one of the subsidiaries of K-Star as the Sale Agent for Covid-19 Vaccines in Malaysia ('MOU’).
Unless otherwise stated, definitions used in this announcement shall carry the same meaning as defined in the Announcements.
The Board of Directors of K-Star wishes to announce that the Company has on 11 November 2020 incorporated a new wholly-owned subsidiary, K Star Healthcare Sdn. Bhd. [Registration No.: 202001036558 (1392879-W)] ('K Star Healthcare' or the 'Incorporation').
K Star Healthcare is a private limited company with a total issued share capital of RM1/- comprising of one (1) ordinary share. K Star Healthcare has not commenced business since its incorporation.
The intended activity of K Star Healthcare is being a distributor of pharmaceutical and/or healthcare products.
Mr. Koo Kien Yoon, the Executive Director of K-Star, had been nominated as a promoter, director and shareholder of K Star Healthcare to subscribe for the one (1) ordinary share in K Star Healthcare, holding in trust for K-Star.
The Board of Director of K-Star is of the opinion that the incorporation is in the best interest of K-Star.
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....
IWResources
16 posts
Posted by IWResources > 2020-11-08 16:03 | Report Abuse
Drteh. Don’t tell them. We buy quietly until they regret it