BIOSIS GROUP BHD

KLSE (MYR): BIOSIS (7193)

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Last Price

0.00

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


2 people like this.

469 comment(s). Last comment by stoptakingmyusername 2015-06-03 11:28

alpacino

385 posts

Posted by alpacino > 2013-07-12 14:47 | Report Abuse

Illuminati - what happened to the BIG news supposedly to come on Friday ?

Posted by Maximun1234 > 2013-07-12 15:25 | Report Abuse

Yawnnnnn..

alpacino

385 posts

Posted by alpacino > 2013-07-12 15:31 | Report Abuse

Gone into hiding !!!

lwalk

1,144 posts

Posted by lwalk > 2013-07-12 15:52 | Report Abuse

even if news come out, no one will buy until large volumes are seen like in luster.

koyokui

1,964 posts

Posted by koyokui > 2013-07-12 15:53 | Report Abuse

out of pn17 .really?

hobson64

653 posts

Posted by hobson64 > 2013-07-12 16:52 | Report Abuse

going to become exorcist! Anything that fella is playing will turn out to be exorcist.

4u2c

3,553 posts

Posted by 4u2c > 2013-07-12 21:52 | Report Abuse

tis share /company bdontbmake money.Why u want bto play ?

Posted by Teh Tiong Boon > 2013-07-12 23:47 | Report Abuse

cant touch this!!1

alpacino

385 posts

Posted by alpacino > 2013-07-15 09:55 | Report Abuse

Check SUN Paper today - news on Biosis. Chulia injecting RM5 mil and plan to discuss manufacturing agreement with Pharmaniaga and Idaman Pharma.They are in the midst of preparaing the Regularization plan to move out of PN17. Cheers

alpacino

385 posts

Posted by alpacino > 2013-07-15 10:02 | Report Abuse

PETALING JAYA (July 15, 2013): There is too much idle capacity at Biosis Group Bhd's pharmaceutical factory in Sungai Bakap, Penang that new managing director Shahfie Ahmad (pix) has made it his top priority to get the plant up to its full potential.

"We are potentially looking at (securing) contract manufacturing (agreements) with the likes of Pharmaniaga Bhd and Idaman Pharma Sdn Bhd to manufacture certain drugs. With Pharmaniaga expanding its overseas market, we see new opportunities in increasing our manufacturing capacity,'' he told SunBiz in an interview.

Shahfie said the company plans to invest RM5 million over the next one year to acquire new technology and expand its manufacturing capabilities.

The investment, he said, will add softgel capsule and bilayer tablet manufacturing capabilities to the plant.

He also plans introduce advanced process management system to boost efficiency and quality.

"Our strategy is to introduce high-quality generic pharmaceutical products as well as super generic products which are much sought in the European market. We are eyeing new off-patent products worth more than US$440 million,'' Shahfie said.

Currently, utilisation at Biosis' pharmaceutical plant stood at 25% of its full capacity. At that rate, most factories would be running at a loss.

Biosis has been in the red since 2008. The company made a net loss of RM15.4 million on revenue of RM13.76 million for the financial year ended March 31, 2013.

Shahfie, 44, was appointed to head Biosis on April 25, 2013, with the task of leading the company's reorganisation.

The company, which was designated as a Practice Note 17 (PN17) affected issuer on June 27, 2013 as its shareholders equity was less than 50% of the total paid-up capital, is in the midst of preparing its regularisation plan to address the issue.

Shahfie said Biosis has already taken the necessary steps to steady the company. At its AGM in May, it won shareholders' approval to proceed with plans to dispose of its Cosmoceutical plant and business.

"There is still a lot of potential in the personal care business, but we will need to look on restrategising our move in that segment.

"Our focus is now on growing the healthcare business, especially in pharmaceutical and biomedical segments." he said.

The vice-president of the Malaysian Professional Medical Device Association brings 20 years of business experience to Biosis in a career that spans the telecommunication industry. His private companies are involved in facilities management and healthcare services.

One is Chulia Facilities Management Sdn Bhd, which provides mechanical and engineering services, including heat ventilation and air-conditioning (HVAC) contracting services at 18 government hospitals and medical institutions in Kuala Lumpur and Selangor.

Another joint venture with Dutch-based IDS International – Information Display Services Asia Sdn Bhd – is a provider of healthcare intelligence services. It offers market access to approximately over 100,500 doctor's network and 880 million patient contacts globally on an annual basis.

Shahfie's other company Chulia Biomedical Engineering Sdn Bhd provides consultancy and maintenance of medical equipment and product supply and equipment planning for several government and private hospitals.

Shahfie did not discount the possibility of injecting his own companies into Biosis, but declined to be drawn into a discussion pending a submission to Bursa Malaysia.

sabmong

59 posts

Posted by sabmong > 2013-07-15 10:12 | Report Abuse

Wah that's very good news...PN 17 will be out soon....better queue up to buy some more before it's too late....already missed the boat earlier. Since Biosis is planning to work with Pharmaniaga & both are bumi company, I see no problem for it to go up again back to its glory day.

alpacino

385 posts

Posted by alpacino > 2013-07-15 10:39 | Report Abuse

Illuminati was right afterall - but delayed telecast lah ! Cheerios Amigos

Posted by Maximun1234 > 2013-07-15 11:29 | Report Abuse

Lolol..we will just have to wait now..haha

Posted by Maximun1234 > 2013-07-15 11:48 | Report Abuse

shahfar8, nope..i think its their biosis ppl.

anthonylow

272 posts

Posted by anthonylow > 2013-07-15 15:57 | Report Abuse

something is happen???????????????????

lwalk

1,144 posts

Posted by lwalk > 2013-07-15 17:21 | Report Abuse

volume picking up at least... its good

Posted by hush_puppies > 2013-07-16 11:50 | Report Abuse

Aiks.. where goes my tp 0.20 =.=''

Posted by Maximun1234 > 2013-07-16 12:00 | Report Abuse

Niceeeeee

multi530

342 posts

Posted by multi530 > 2013-07-16 13:35 | Report Abuse

US$440 million!!?wondering Biosis how to fund this acquisition of patent...

Posted by sandrachoong > 2013-07-16 14:11 | Report Abuse

Massive rights issue, that's what it is....

lwalk

1,144 posts

Posted by lwalk > 2013-07-16 15:16 | Report Abuse

price going up

skoner

11 posts

Posted by skoner > 2013-07-16 20:32 | Report Abuse

Sandra...means what?

cck321

2,960 posts

Posted by cck321 > 2013-07-16 20:45 | Report Abuse

Means want your money and public money to help finance and fund the patent acquisition.

hobson64

653 posts

Posted by hobson64 > 2013-07-16 21:53 | Report Abuse

Don't trust this kind of news, how can a PN17 company can afford to go for right issues? Make no sense ....

lwalk

1,144 posts

Posted by lwalk > 2013-07-17 09:39 | Report Abuse

where does it say rights issue?

lwalk

1,144 posts

Posted by lwalk > 2013-07-17 09:50 | Report Abuse

oic thanks shahfar :) not likely lah. taking it out from PN17 is the main thing.

Posted by sandrachoong > 2013-07-17 10:11 | Report Abuse

Hobson64, says who a PN17 company cannot raise a rights issue? One such company is Sumatec. Of course the aim is to take it out of PN17, but the regularisation will have to be put in place, and this can amount to a call for rights issue to fund the patent acquisition, Please remember this counter just falls into PN17 meaning it does not meet the capital criteria of a public listed company.

anthonylow

272 posts

Posted by anthonylow > 2013-07-17 11:52 | Report Abuse

Right SANDRA,same like THH. Last time in PN17 still have right issue also.

anthonylow

272 posts

Posted by anthonylow > 2013-07-17 11:53 | Report Abuse

now THH , u can see the price , flying up and up...

Posted by hush_puppies > 2013-07-17 16:49 | Report Abuse

gogogo.. Pls faster drift to 0.20
Today got good result :D

Posted by Maximun1234 > 2013-07-17 17:08 | Report Abuse

YeeeeHaaaa

Posted by insiderpass > 2013-07-17 19:54 | Report Abuse

Bear Trap ahead. False demand ...watch for the FALL.
Good luck punters

Posted by Maximun1234 > 2013-07-17 20:01 | Report Abuse

Insiderpass: -_-..whyyy

Posted by hush_puppies > 2013-07-18 09:16 | Report Abuse

Insiderpass registered a new account and 1st post at Biosis haha So "bei min "
Biosis I think it not far from tp 0.2 ^^

azta12

5,594 posts

Posted by azta12 > 2013-07-18 09:31 | Report Abuse

Why worry?, a lot good things in the pipeline for the shrds..

Posted by hush_puppies > 2013-07-18 10:07 | Report Abuse

shahfar8: haha normally lady is more attentive~ Good in "investigate" :D

Posted by insiderpass > 2013-07-18 11:02 | Report Abuse

wait...I don't get it...just because I came into this forum a first timer, i'm talking bs?
You guys need to grow up.
The fundamentals speaks for themselves
You are buying into false news brudders.
even a minachi on the street knows and smells a trap in place.
Anyway good luck to those dreamers.

Posted by insiderpass > 2013-07-18 11:31 | Report Abuse

and what is your TP?

Harvard57

495 posts

Posted by Harvard57 > 2013-07-18 11:44 | Report Abuse

i think this co. is quite risky, why shall we risk our self since there r many other less risk penny stock.

Posted by SEPHIROTH168 > 2013-07-19 09:16 | Report Abuse

Try tis counter , I'm sure its easy to make tis counter fly base on the number of seller today :)

Posted by SEPHIROTH168 > 2013-07-19 13:15 | Report Abuse

Go go go :)

back2biz

129 posts

Posted by back2biz > 2013-07-19 13:55 | Report Abuse

positive price actions are expected on tis counter next week,when d group come back from oversea with d good news......goreng kua2 loh

azta12

5,594 posts

Posted by azta12 > 2013-07-19 15:09 | Report Abuse

slow and steady .

Posted by hush_puppies > 2013-07-19 15:10 | Report Abuse

Hope can touch 0.20 on nx week.. pray hard

lwalk

1,144 posts

Posted by lwalk > 2013-07-19 15:17 | Report Abuse

pray for what. buy more lah

azta12

5,594 posts

Posted by azta12 > 2013-07-19 15:26 | Report Abuse

hush wait for the explosion.

lwalk

1,144 posts

Posted by lwalk > 2013-07-19 15:30 | Report Abuse

awesome ................ big volumes.....

anthonylow

272 posts

Posted by anthonylow > 2013-07-19 15:36 | Report Abuse

is the time to buy more and more, no need to pray.....

Posted by hush_puppies > 2013-07-19 15:48 | Report Abuse

Wasei.. the volume..
happie...

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