Confidential: its already in compliance with FDA, by right should be okay la based on the certs they have already. Somemore testing was just done in May 2020. See their product technical sheet
What is EGcare Surgical Face Mask ? EGcare Surgical Face Mask is a branded type of 3-Ply Ear-loop, single use disposable mask, which has been tested and certified by Nelson Laboratories, LLC in Salt Lake City, UT 84123 U.S.A. Testing was performed in compliance with US FDA good manufacturing practice (GMP) regulations 21 CFR Parts 210, 211 and 820. The Flammability of Clothing Textiles met the criteria for 16 CFR Part 1610.7 Class 1 as there are no burn times. Standard Test Protocol achieved High Filtration with PFE > 99%, and BFE efficiency test shown > 99%. EGcare Surgical Face Mask also has been tested with the listed standards EN14683:2019 and found in compliance with the Medical Device Directive 93/42/EEC, and carries the CE marking
This company have the face mask production facilities.they got huge advantage there...lower cost for sureee...this is the real gem compare to others who just lining up to produce the mask
is not only face mask but 5G electronic product, buy before u cry, now at parliment also discus about 5G. just waiting for real explosion like in lubnan.
not too sure about the production, but they are capable to do make the mask machine, as well as the end product which is the 3ply mask.
actually the last quarter result, it was due to forex exchange losses.
But in terms of entering to the medical market, EG has done quicker can other company such as notion.
If you scroll to their webpage or facebook, they actually donated a lot of their mask during end of March which mean they have enter in this medical line earlier this year.
EG has very low number of shares and controlled by Terence..This guy is now buy and sell to avoid limit up..I really dont know why he is so idiot to enrage the investors!
KUALA LUMPUR (June 16): Komarkcorp Bhd, a packaging machinery and self -adhesive label maker, is investing up to RM20 million to venture into the manufacturing of face masks.
In a statement today, the group said the money will be raised via a private placement of up to 30% of its issued shares, as well as internally-generated funds and bank borrowings.
The funds, it said, will be used on 30 production lines for the manufacturing of face masks, particularly KN95 and three-ply, with annual production capacity of up 120 million and 522 million pieces respectively within 24 months.
“In conjunction with this, the group had on June 15 incorporated a wholly-owned subsidiary, namely Komark Mask (M) Sdn Bhd, to undertake this new business,” it said in the statement filed with Bursa Malaysia.
Komarkcorp said there has been a prevalent shortage of disposable face masks since the global outbreak of the Covid-19 pandemic in January, which saw global stockpiles and supply chains of the items being outstripped by the overwhelming demand.
“The group is looking to leverage on its existing expertise in the manufacturing sector of close to 40 years and embark on the manufacturing of face masks, after identifying an attractive business opportunity in exporting face masks to countries with high Covid-19 infection rates.
“Based on the group’s initial estimates, the new venture is expected to enjoy attractive profitability margins with a relatively short payback period from commencement of full operations,” it added.
As a start, Komarkcorp said it intends to set up six production lines within four months to produce some 104.4 million three-ply surgical masks and 24 million KN95 face masks in a year. The remaining 24 production lines will be set up gradually over the course of 24 months.
“This new production centre will be constructed to be a cleanroom with anti-static floor, as well as controls for temperature and humidity. The cleanroom will also be subject to audit by and registration with the Ministry of Health and the relevant certifications will be obtained from the Medical Device Authority Malaysia and Good Manufacturing Practice,” it said.
Going forward, Komarkcorp said it expects the global demand for face masks to sustain based on a few factors including the fact that the wearing of face masks in public places has been made mandatory in over 50 countries.
Counters related to anything about Mask and glove has all limit up or rose multiply, including today Mtag shares also limited up... Sadly to say EG is disabled by its Executive Chairman selling to discourage the prices uptrending....
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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....
abc123_2020
390 posts
Posted by abc123_2020 > 2020-08-06 11:07 | Report Abuse
EG start engine after flush weak holder..will fly to the moon now