KUALA LUMPUR: Sanichi Technology Bhd, AT Systematization Bhd and PNE PCB Bhd (PNEPCB) have teamed up with a US company to produce ventilators.
The companies hope to meet global demand of such product, which is expected to increase by RM8.56 billion over the next seven years.
The companies today entered into a Memorandum of Understanding (MoU) with Arzon Solar, LLC (ARZ) to form a joint venture company (JVCo) to design, research and produce of medical grade mechanical air ventilators for local and overseas healthcare markets.
The MoU was signed by Sanichi managing director Datuk Seri Pang Chow Huat, while ATS and PNEPCB were represented by managing director Choong Lee Aun and executive director Kua Khai Loon respectively.
ARZ was represented by its chief executive officer VahanGarboushian.
Yutainteck n zack 90111 congrats to your evil plans at trapping people here... You will suitably rewarded for your deeds - the good that people do is ingrained in their bones...the evil that they do... GO AFTER THEM
Wowowo.. i think you label it wrong lah.. i didnt have any intention to con people lah... i just share my view bout this counter movement... you guys must understand... every uprising price must do some retracement.. plus.. today volume is low compare to previous spike volume.. so my view.. there maybe another wave coming..
@vanbasten.....go and learn about how the stock market works first before you make a fool of yourself. Mind you...your knowledge about the stock market is too shallow.
On 7 January 2021, the Board of Directors of the Company (“Directors”) (“Board”) announced that the Company proposes to undertake a diversification of the existing business of PNE and its subsidiaries (“PNE Group” or “Group”) to include the manufacture and sale of rubber gloves (“Gloves Business”) (“Proposed Diversification”).
Further to the Proposed Diversification, on behalf of the Board, Mercury Securities Sdn Bhd (“Mercury Securities” or the “Principal Adviser” or the “Placement Agent”) wishes to announce that the Company proposes to undertake a private placement of up to 194,513,000 new ordinary shares in PNE (“PNE Shares” or “Shares”), representing 30% of the enlarged total number of issued Shares, to independent third-party investor(s) to be identified and at an issue price to be determined later (“Placement Shares”) (“Proposed Private Placement”).
Please refer to the attachment for further details on the above.
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....
feyn402
70 posts
Posted by feyn402 > 2021-03-16 10:28 | Report Abuse
q again 0.225