MOSTI list of 5 vaccines suppliers r meant for Malaysian. They are given free n no middle men. The 3 millions plus foreign workers or their bosses must pay for the vaccines. Sinopharm, strong contender to clinch contract. Kanger m Titijaya may benefit.
But, kanger should rebound soon, it has other business and if u survived until 13sen, you could hold longer. My 2 cent for people who intend to enter kanger
looks like Kanger will lead private companies in msia to distribute Sinopharm. that's why the list govt buy from do not clash with kanger sinopharm. Sinopharm vaccine will be offered side by side w Pfizer once their 3rd clinical data is firm up. fly lor. keep some kanger shares yah. jus a 2cent worth. MOSTI aldy give letter for kanger to negotiate for vaccine.
The State Secretary of Health of São Paulo, Jean Gorinchteyn, said that the effectiveness of CoronaVac calculated by the study of Butantan was different from the efficacy verified in other countries where the vaccine is in use. According to a government spokesperson, it was this discrepancy in data from different countries that caused the delay in final disclosure, Brazilian media G1 reported on Wednesday.
Kanger encounter small losses last few QR but will be recover in coming 1QR 2021 ( from the new plant ) and real estate income.
++++++ Diversification of the Group’s principal activities to include property leasing business which will provide the Group with additional income and cash flows.During the current financial quarter, the Group has fully leased out its newly completed commercial properties with a total net lettable area of 683,777 sq ft, comprising a 19-storey hotel and a 6-storey building specifically outfitted as a one-stop “Auto-City”. The initial rental income is approximately RM11.1 million per annum, with scheduled rent increases (for details, refer to Bursa Malaysia announcement dated 9 March, 2020)
KUALA LUMPUR (Oct 9): Kanger International Bhd’s unit, Ganzhou Kanger Industrial Co Ltd, has entered into an agreement to lease the AutoCity Building in China to Ganzhou Jiache Automobile Trading Co Ltd.
In a filing with Bursa Malaysia today, Kanger said the building in the Ganzhou Economic and Technological Development Zone will be specially outfitted primarily for used passenger vehicles in the mid to high-end market segments.
“The agreed-upon monthly rental income from the building between Dec 1, 2020 and Nov 30, 2024 shall be Chinese yuan (CNY) 969,959.88, at a monthly rental rate of CNY24.00 per square metre; and between Dec 1, 2024 and Nov 30, 2040 the rental income will be CNY1,050,789.87 at a monthly rental rate of CNY26.00 per square metre,” said the investment holding company.
The building has a total floor area of 40,414.995 square metres, and the duration of the lease agreement is 20 years, effective Dec 1, 2020, it added.
It jump twice . 1st round because of glove venture in Aug and then in Sept vaccine news
Glove tak tahu what happen now. Vaccine also ++++++++++++++ Noobie123 All you need is check price before kanger started vaccine mou and that should be the entry price if vaccine venture is dropped.
M40 group & above may not want to wait for the free vaccine from govt as they may have to wait longer time coz priority will be given to the front liners and poor people. The rich people will want to get immunisation fast thru private clinics. Does that make sense?
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....
mager1144
116 posts
Posted by mager1144 > 2020-12-23 21:38 | Report Abuse
this counter will fly sooner