KANGER INTERNATIONAL BERHAD

KLSE (MYR): KANGER (0170)

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Last Price

0.05

Today's Change

0.00 (0.00%)

Day's Change

0.045 - 0.05

Trading Volume

54,200


15 people like this.

32,325 comment(s). Last comment by OKU_2020 1 week ago

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-08 16:28 | Report Abuse

anyone know what is kanger glove status?

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-08 16:32 | Report Abuse

@BALANCE_VIEW In addition, Sinopharm vaccine phase III trial was conducted in UAE which is home to over 200 nationalities, allowing for robust research across multiple ethnicities and increasing its feasibility for global application. Hence, there is no need to provide any additional data to support the applicability in the Malaysian population.

In certain countries like China, if the data suggests ethnic inconsistencies in effectiveness and safety, and racial sensitivity analyses do not demonstrate safety and efficacy for Chinese patients, it will only be considered “partially acceptable,” in which case a bridging study with Chinese subjects must be conducted. Hence, this is why Pfizer was required to conduct a bridging study in China despite already conducting phase III clinical trials in USA.

JK22

1,789 posts

Posted by JK22 > 2020-12-08 16:34 | Report Abuse

@ UlarSawa anyone know what is kanger glove status?

Tanah jadi beli ke , tidak pun tak ada berita . Kena tanya orang kat Hartamas , SPAs masih simpan dalam laci ke?

++++++++
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3080552

11. DOCUMENTS FOR INSPECTION
The SPAs will be made available for inspection at the registered office of KANGER at No. 2-
1, Jalan Sri Hartamas 8, Sri Hartamas, 50480 Kuala Lumpur, Wilayah Persekutuan (KL),
during business hours from Monday to Friday (except public holidays) for a period of three (3)
months from the date of this announcement.
This announcement is dated 24 August 2020.

Posted by BALANCE_VIEW > 2020-12-08 16:38 | Report Abuse

Based on this, likely clinical data in Msia is required !! ........

NPRA might wait for WHO approval of the vaccine. Sinopharm is planning to apply to WHO for approval as well...

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-08 16:39 | Report Abuse

@BALANCE_VIEW No, as i mentioned above, Sinopharm vaccine phase III trial was conducted in UAE which is home to over 200 nationalities, allowing for robust research across multiple ethnicities and increasing its feasibility for global application. Hence, there is no need to provide any additional data to support the applicability of the vaccine in the Malaysian population.

Posted by purple_rain > 2020-12-08 16:41 | Report Abuse

@ularsawa, for glove counters, better you buy Glove counters that are already in operation, buy them when they are in the lows and wait for the fruits

Posted by Flyingwithwings > 2020-12-08 16:45 | Report Abuse

CongratsAA holder. Tomorrow gap up. 90 cents

Posted by Alexander78 > 2020-12-08 16:47 | Report Abuse

bila kanger mau terbang laaaa

Posted by BALANCE_VIEW > 2020-12-08 17:00 | Report Abuse

NPRA .. my little understanding from friend is clinical data from "established countries" will be accepted as reference. Is UAE one of them?

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-08 17:06 | Report Abuse

kanger glove plant by right be ready in 1st Qtr 2021. hiw come no news one. land approved. no build structure kah. how to hit production schedule lah. correct?

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-08 17:07 | Report Abuse

@BALANCE_VIEW NPRA also accepts WHO prequalification (ie. approval) of vaccines. WHO prequalification is internationally recognized and is on par with approval from stringent regulatory authorities from NPRA reference countries such as USA FDA and EMA. Other reference countries include Canada, Japan, Australia, Switzerland, Sweden, France and UK.

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-08 17:10 | Report Abuse

@BALANCE_VIEW Occasionally, NPRA may also approve drugs/ vaccines from non reference countries on a case to case basis if it meets all the requirements.

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-08 17:10 | Report Abuse

wow. kanger collecting rental 11mil lah. why no one promote this news. 11mil will be very good future income lah. correct?


Kanger, which has completed the development of AutoCity and Kyriad Hotel, located within the Ganzhou Economic and Technological Development Zone in Ganzhou city, China said the land acquisition was expected to be completed within 45 days from the agreement with CHL.

In March, Kanger had secured 10-year lease agreements for AutoCity and Kyriad Hotel.

The initial rental income per year for the two buildings collectively is RM11.1 million, and is subject to scheduled rent increases.

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-08 17:11 | Report Abuse

Kanger invests RM77mil on glove factory
By Sharen Kaur
August 14, 2020 @ 11:02pm

Kanger invests RM77mil on glove factory
KUALA LUMPUR: Kanger International Bhd, which makes bamboo wood products, is setting up a glove manufacturing plant in Ijok, Selangor for about RM77 million.

Kanger told Bursa Malaysia today it has incorporated a wholly-owned subsidiary, Kanger Glove Manufacturing Sdn Bhd, which will acquire around five acres in Ijok for RM6.8 million.


Kanger Glove would spend RM70 million to build the plant and install up to eight production lines to produce medical, surgical and/or nitrile gloves, Kanger said in a filing with Bursa.

The stock closed two sen lower at 26.5 sen today. Some 43.6 million shares changed hands.

Kanger said it had on August 13, entered into heads of agreement with Dubai-based Constellation Holdings Ltd (CHL), which would acquire a 49 per cent equity in Kanger Glove for RM49,000.

Kanger announced on Tuesday it had received a formal expression of interest letter (EOI), dated August 9, from CHL to set up the medical examination gloves operations in Malaysia.

The EOI expresses CHL's intention to collaborate with KIB through several options, which include direct equity participation by forming a joint-venture entity, and/or indirect equity holding in the glove manufacturing operations via investment into Kanger through a private placement exercise.

Kanger said a substantial proportion of the total output of the production would be sold to CHL.

CHL is the appointed procurement agency for personal protective equipment, medical equipment and supplies for the Ministry of Health and Prevention of the United Arab Emirates, and other countries in Middle East.

The remaining output would be reserved to develop other market channels in Asia and Europe, it said.

"All investment cost as well as the profit and loss of Kanger Glove shall be borne and/or distributed in accordance to the equities of the respective party in the company.

"CHL has the right to allocate part of its 49 per cent equity in Kangar Glove to other parties or investors it deems appropriate, subject to KIB's prior agreement on each party," Kanger said.

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-08 17:12 | Report Abuse

@UlarSawa I did promote this news quite some time ago before you joined this forum...

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-08 17:15 | Report Abuse

MOH staff. now revisit glove theme . bcos. glove ctrs in the move. vaccine ctrs reverse gear. why bother to promote vaccine. promote glove. korek kanger glove news out. correct?

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-08 17:20 | Report Abuse

@UlarSawa Problem is there was no further update ever since that news came out in August. I wonder what’s the current status. Anyone contacted Kanger to find out ?

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-08 17:23 | Report Abuse

MOH Staff. Just now digged kanger old news saw the Exec Director Kuah mentioned the schedule. Q1 n Q2 plant ready. correct?

18KHarmoni

803 posts

Posted by 18KHarmoni > 2020-12-08 17:23 | Report Abuse

Kura2 tanya apa kabarrrrrr?

18KHarmoni

803 posts

Posted by 18KHarmoni > 2020-12-08 17:26 | Report Abuse

Kura2 said dont hope too much on vaccine, she told to wait until Q1 2021 to move on when bamboo flooring started the manufactuting, now plz q and wait at 0.145 again

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-08 17:28 | Report Abuse

Q1 start kah. Now Q4 sudah started bamboo flooring lah. correct?

Posted by horkahwai > 2020-12-08 17:48 | Report Abuse

conman company. director keep throwing while expecting us to collect? pui

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-08 17:51 | Report Abuse

Mr Wu is not the managing director...

david3app

31 posts

Posted by david3app > 2020-12-08 17:59 | Report Abuse

sht. Useless piece of counter.

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-08 18:00 | Report Abuse

@UlarSawa rhb investment research states Q1 2021... Hope kanger provides further updates on the status of the gloves..:

https://www.theedgemarkets.com/article/covid19-rhb-says-vaccine-deployment-could-generate-demand-18-billion-pieces-gloves-year

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-08 18:01 | Report Abuse

@david3app okay thanks for the valuable input..

huatkopi88

1,985 posts

Posted by huatkopi88 > 2020-12-08 18:04 | Report Abuse

Ularsawa, then today should rally on glove theme if got glove biz but but... Don't know what to say

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-08 18:07 | Report Abuse

It hasn’t even started yet....

huatkopi88

1,985 posts

Posted by huatkopi88 > 2020-12-08 18:17 | Report Abuse

Bought some at 0.17, hope it won't go any lower tomorrow

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-08 18:33 | Report Abuse

Lol I just sent an email to Kanger. I wonder whether they will respond to my queries..I hope they will...

18KHarmoni

803 posts

Posted by 18KHarmoni > 2020-12-08 18:58 | Report Abuse

Any one throw later at 0.145, i will help u to collect it if u really cant wait for kura2 to move on

Imnoobonly

645 posts

Posted by Imnoobonly > 2020-12-08 19:35 | Report Abuse

Is kanger got related to fintec group?

Asyraf96

500 posts

Posted by Asyraf96 > 2020-12-08 19:52 | Report Abuse

I already make further analysis with this counter and I found that........ This is bull****

prince11

215 posts

Posted by prince11 > 2020-12-08 20:03 | Report Abuse

that PP for bamboo bussiness or vaccine ?

Asyraf96

500 posts

Posted by Asyraf96 > 2020-12-08 20:17 | Report Abuse

Vaccine for panda

18KHarmoni

803 posts

Posted by 18KHarmoni > 2020-12-08 20:49 | Report Abuse

Which counter is not a bulL**t counter? Do u invested on the non bulls**t with yr interlligent analysis?

newbie9893

2,362 posts

Posted by newbie9893 > 2020-12-08 20:54 | Report Abuse

Kanger supply vaccine for sohai ppl here..ha..ha..ha

18KHarmoni

803 posts

Posted by 18KHarmoni > 2020-12-08 21:00 | Report Abuse

Lu punya story elephant pun bolih fly laa

darkangell

286 posts

Posted by darkangell > 2020-12-08 21:16 | Report Abuse

Tomorrow fly then oni u all know, lol

yingzhe17

878 posts

Posted by yingzhe17 > 2020-12-08 21:24 | Report Abuse

Run while you can

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-08 21:45 | Report Abuse

@yingzhe17 Thanks for your concern....

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-08 21:49 | Report Abuse

no need to run lah. Bamboo business is huge lah. now got glove business some more. correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-08 21:50 | Report Abuse

rmb200mil per year business. production started in Q4. why need to run. correct?

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-08 21:50 | Report Abuse

I will be holding....

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-08 21:53 | Report Abuse

can exclude vaccine also no problem lah. wait for glove news to come. schedule Q1 2021 production. must inform KYY about kanger plant so he can count howmuch kanger should worth lah. correct?

UlarSawa

35,552 posts

Posted by UlarSawa > 2020-12-08 21:54 | Report Abuse

run also no use. hold lah. Bamboo business worth the wait lah. correct?

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-08 21:57 | Report Abuse

Yes correct...

Posted by Miz Raya Bloom > 2020-12-08 22:00 | Report Abuse

ku bye2 dulu, dah ok nanti ku masuk balik

my2020

80 posts

Posted by my2020 > 2020-12-08 22:01 | Report Abuse

yes, correct. hold tight and be happy lor....

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