I warned everyone last time. If the warrant does not catch up with the mother share (huge discount), the stock will tumble. I sold my warrant at around 51 sen (bought at 9 sen!) and do not intend to re-enter anytime soon.
Bintai Kinden subsidiary inks MOU for Covid-19 vaccine distribution in Australia, New Zealand TheEdge Thu, Nov 12, 2020 02:19pm - 12 minutes ago
KUALA LUMPUR (Nov 12): Bintai Kinden Corp Bhd's majority-owned subsidiary Bintai Healthcare Sdn Bhd (BHSB) today signed a memorandum of understanding (MOU) with Australia-listed International Equities Corp Ltd's (IEC) wholly owned subsidiary IEC Properties Pty Ltd under a planned arrangement for which IEC will have the sole distribution rights for a Covid-19 vaccine in Australia and New Zealand.
According to Bintai Kinden's filing with Bursa Malaysia today, the MOU enables BHSB and IEC to further negotiate the terms and conditions wherein IEC will be sub-licensed by BHSB to supply the Ii Key-SARS-CoV-2 vaccine in Australia and New Zealand.
Change in Boardroom The next goal is this counter. METRONIC GLOBAL BERHAD
Date of change 12 Nov 2020 Name DATUK TAN CHOON HWA Age 63 Gender Male Nationality Malaysia Designation Deputy Chairman Directorate Independent and Non Executive Type of change Appointment Qualifications No Qualifications Major/Field of Study Institute/University Additional Information 1 Others N/A N/A High School Education
Working experience and occupation Datuk Tan is a businessman with twenty (20) years of experience in various industries such as timber mining, hotel resort, housing land development and finance investment holding. He is the Executive Chairman of TCH Resources Group and also holds directorship in Wazlian Group, the Vice President of TA PAY Group as well as IBG Group. He also holds other chairmanships in several associations, President of Malaysia-China Chamber of Commerce (Kelantan Branch), Vice President of Malaysia-Guangzhou Investment Association, and Advisor to Hongkong Chamber of Commerce and ASEAN Chamber of Commerce (Thailand). Currently, Datuk Tan is the Vice President and Independent Non-Executive Director of Ikhmas Jaya Group Berhad. He is the Independent Non-Executive Director of Ni Hsin Resources Berhad and also the Vice President and Independent Non-Executive Director of Inix Technologies Holdings Berhad. He also act as the advisor of Gunung Capital Berhad and Vice Chairman of Gunung Resources Sdn Bhd, a wholly owned subsidiary of Gunung Capital Berhad. Directorships in public companies and listed issuers (if any) 1. Ni Hsin Resources Berhad 2. Inix Technologies Holdings Berhad 3. Ikhmas Jaya Group Berhad Family relationship with any director and/or major shareholder of the listed issuer Nil Any conflict of interests that he/she has with the listed issuer Nil Details of any interest in the securities of the listed issuer or its subsidiaries Direct Interest - 8,880,000 ordinary shares
Announcement Info Company Name METRONIC GLOBAL BERHAD Stock Name MTRONIC Date Announced 12 Nov 2020 Category Change in Boardroom Reference Number C03-12112020-00012
Some points to be noted 1) Approval of approximately 4 vaccines...1stQ 2021 2) However there's possibility, to get the vaccine earlier. 3) Vaccines by Pfizer-BioNtech might be approved by mid of next month. 4) Front liners will receive the Covid-19 vaccine first. 5) Prime Minister hoped Malaysia will receive the vaccine by end of the year.
PASUKGB 0.095 +0.02 (+26.7%) MATERIAL LITIGATION Pasukhas Group Berhad ("PGB" or "the Company") - Update on the Litigation between Samsung C&T Corporation UEM Construction JV Sdn. Bhd. and Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.) PASUKHAS GROUP BERHAD
Type Announcement Subject MATERIAL LITIGATION Description Pasukhas Group Berhad ("PGB" or "the Company") - Update on the Litigation between Samsung C&T Corporation UEM Construction JV Sdn. Bhd. and Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.) Reference is made to the Company's announcement dated 28 August 2017.
The Board of Directors wishes to inform that the Company's subsidiary, Pasukhas Construction Sdn. Bhd. (Formerly known as Pasukan Khas Construction Sdn. Bhd.) had on 13 November 2020 made a full and final settlement to Samsung C&T Corporation UEM Construction JV Sdn. Bhd. for works executed in connection with KL118 Tower Subcontract Reference Number - SSUEM/201512/DSC/4 (“the Subcontract”).
Both parties have mutually agreed that neither party shall have further claims against each other of whatsoever nature in respect of the Subcontract and that all and any litigation and/or other proceedings initiated by either party in relation to the Subcontract should be forthwith ceased and withdrawn without liberty to file afresh.
Those sitting with DSHamzah are not the sole distributor of vaccines. The whole distribution process is is a big and crucial affair. K-Star based in China+ an MOU executed in Oct'20, on the appointment of K-Star as sales agent for Covid-19 vaccines in Malaysia. In Nov'20- K-Star incorporated K-Star Healthcare Sdn Bhd.,(distributor of pharmaceutical & healthcare products), as a newly owned subsidiary.
@clementw It is part of their corporate social responsibility to donate 10,000 doses of Sinopharm Vaccine for emergency use of frontliners only. They will not be distributing the vaccines. Emergency use is not the full approval by ministry of health. It is merely conditional authorization for emergency use in frontliners and vulnerable groups based on interim clinical data. Once the phase III trial is completed this month, the vaccine can then be applied to the ministry of health for evaluation. Once full approval is obtained, it may then be used for the general public. Kanger in collaboration with Kstar and Zuellig Pharma will still be distributing the vaccines.
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