Posted by MZM2511 > 2021-10-18 12:31 | Report Abuse

Some of the positive notes are as follows:

1. NEW ENGINES OF GROWTH FOR BAMBOO AND RELATED PRODUCTS
 In the fourth quarter of 2020, the construction of the company new bamboo concession and processing plant in Jingzhou was completed. Although the plant is still in the early phases of testing and commissioning, the company is looking forward to the positive financial contribution it will bring to the Group once commercial production commences.
 The expansion in Jingzhou will allow the Group to focus not only on manufacturing of bamboo products but also processing of bamboo related foodstuff and bamboo eco-tourism in the near future.

MY COMMENT:
a) The company has stated the promising progress has been made in the relocation of the new bamboo and processing plant. The company still keen on the potentials of its bamboo and related products business to be turn around especially after the new processing plant in Jinzhou started to operate.

Posted by MZM2511 > 2021-10-18 12:32 | Report Abuse

2. CORPORATE MILESTONES OF THE COMPANY IN 2021

 Diversified into new construction business aimed at deriving synergy with the property investment and management segment. Acquired 51% stake in building materials supplier, Sung Master Holdings Sdn Bhd for RM94.8 million. Acquired 126 units of service apartments at Antara @ Genting Highlands for RM142.87 million.

 One of the new subsidiaries, Kanger Medical International Sdn Bhd is making inroads into the healthcare industry by sourcing for face masks and Covid-19 vaccines.

MY COMMENTS:

a) These "corporate" statements give us the SIGN that the BOD and the company has tried to do some efforts for the betterment of the company in future.

b) The company are diversifying and also entering business activities in Malaysia, instead of solely relied on the PRC business activities. Some of the progress of diversification can be read below:

 Currently, the Group is working together with a few parties to complete multiple construction projects across a few sites in the state of Selangor and Pahang to the tune of approximately RM1.0 billion. The Group is also in the midst of applying for the Grade 7 contractor license from the Construction Industry Development Board (“CIDB”) and aims to tender for new construction projects to further grow our construction orderbook.

 The Group already completed the purchasing of a 51% stake in building materials supplier, Sung Master Holdings Sdn. Bhd. The acquisition will broaden the Group’s product offerings to also include other building materials such as timber, flooring, tiles, bulk cement, concrete, locksets and sanitary ware. This strategic acquisition is well-aligned to strengthen and complement the Group’s newly established construction business as Kanger will be able to source the building materials directly from Sung Master’s suppliers to better manage the input cost and enhance the profitability of these construction projects.

 The Group had also purchased 126 service apartment units at Antara @ Genting Highlands on an enbloc basis. Expected to be completed in 2024. The company believes that the rental income or capital gains arising from these property units will contribute positively to the company.

Posted by MZM2511 > 2021-10-18 13:08 | Report Abuse

whistlebower99. ..... with expected completion by January 2026. ---- Wait 4 years to see results

-------------------------

Which facts is true ?

The Group had also purchased 126 service apartment units at Antara @ Genting Highlands on an enbloc basis. Expected to be completed in 2024.

-------------------

ANYWAY, KANGER WAS MORE DIVERSIFIED.

1. The proceed from the disposal of assets (if done) will give positive short term impact on profitability of Kanger.

2. Expecting the expansion in Jingzhou will allow the Group to focus not only on manufacturing of bamboo products but also processing of bamboo related foodstuff and bamboo eco-tourism in the near future. The businesses should be improved when the Covid-19 pandemic settles in the near future.

3. The contribution from Sung Master also expected to help Kanger in terms of increasing the company's revenue and profitability in the near future.

Posted by Peace99 > 2021-10-18 13:47 | Report Abuse

Mr James Ng, feel would be great if you could consider including a discussion of points as noted by MZM2511 in your video which reach I believe many Chinese speaking audience. Thanks in advance! Ng 先生，先谢谢您进一步的分析！

Posted by Peace99 > 2021-10-18 14:20 | Report Abuse

MZM, thanks for picking out key points for busy ppl!

Posted by whistlebower99 > 2021-10-18 14:25 | Report Abuse

Antara @ Genting Highlands is under construction and development (with approximately 12% completion as at the LPD) with expected completion by January 2026. The proposed development will be carried out in 2 phases; the first phase of the development shall comprise the podium block together with Blocks A and B and the second phase shall comprise Blocks C and D. At this juncture, the first phase of the development is anticipated to be completed by June 2025.

=======================================
Wait 4 years to see results

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3166029

MZM, which one is lying ?

Posted by MZM2511 > 2021-10-18 14:42 | Report Abuse

@whistlebower99. .... MZM, which one is lying ?

----------------
But I don't think The Chairman of Kanger International is lying !!!!!!.

My source of facts: Chairman's Statement, in Kanger Annual Report 2021 page 20 stated this:

"Furthermore, in line with our aim to continuously seek for
suitable and viable acquisition opportunities in strategic
locations, the Group had also purchased 126 service
apartment units at Antara @ Genting Highlands on an enbloc
basis. Expected to be completed in 2024, we believe
that the rental income or capital gains arising from these
property units will contribute positively to the Group."


Source: Please download Kanger Annual Report 2021.pdf at:

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3189156

Posted by MCtrader > 2021-10-18 15:08 | Report Abuse

Kakaka, cant even differentiate 2024 and 2026

Posted by MCtrader > 2021-10-18 15:10 | Report Abuse

@StevenKhoo111 The wind already blow on another direction for Kanger as Kanger are involved in more diverse sector instead of relying on sole bamboo business

Posted by Patience99 > 2021-10-18 15:48 | Report Abuse

@MZM. Few doubts. Has the construction business start already with all the tenders? How’s the progress , any idea? Understand the bamboo business in new premises start December 2020, should be picking up since it mentioned going to be the largest bamboo processing output business. . Any ideas on above cos the business QR is the only way forward to the retail investors confidence, tks

Posted by koyokui > 2021-10-18 15:49 | Report Abuse

Buy second round coming

Posted by whistlebower99 > 2021-10-18 15:52 | Report Abuse

MZM, please read the circular sent to shareholders.

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:- I. PROPOSED RENOUNCEABLE RIGHTS ISSUE OF UP TO 2,861,936,149 NEW ORDINARY SHARES IN KANGER INTERNATIONAL BERHAD ("KANGER" OR THE "COMPANY") ("KANGER SHARE(S)" OR "SHARE(S)") ("RIGHTS SHARE(S)") AT AN ISSUE PRICE OF RM0.06 PER RIGHTS SHARE ON THE BASIS OF 1 RIGHTS SHARE FOR EVERY 1 EXISTING KANGER SHARE HELD, TOGETHER WITH UP TO 2,861,936,149 FREE DETACHABLE WARRANTS IN KANGER ("WARRANT(S) B") ON THE BASIS OF 1 WARRANT B FOR EVERY 1 RIGHTS SHARE SUBSCRIBED FOR, ON AN ENTITLEMENT DATE TO BE DETERMINED AND ANNOUNCED LATER ("PROPOSED RIGHTS ISSUE WITH WARRANTS"); II. PROPOSED ACQUISITION BY KANGER VENTURES SDN BHD (FORMERLY KNOWN AS KANGER DEVELOPMENT (M) SDN BHD), A WHOLLY-OWNED SUBSIDIARY OF KANGER, OF 126 UNITS OF PROPOSED SERVICED APARTMENTS LOCATED ON THE 30TH TO 45TH FLOORS OF TOWER A, ANTARA @ GENTING HIGHLANDS, SITED ON A PIECE OF FREEHOLD LAND HELD UNDER TITLE NO. GRN 45572 (FORMERLY HSD 18603), LOT 43031 (FORMERLY PT 23923), MUKIM AND DISTRICT OF BENTONG, PAHANG DARUL MAKMUR FROM THE DEVELOPER, NAMELY ASET KAYAMAS SDN BHD FOR A TOTAL PURCHASE CONSIDERATION OF RM142,870,000 TO BE SATISFIED ENTIRELY VIA CASH ("PROPOSED ACQUISITION"); AND III. PROPOSED DIVERSIFICATION OF THE EXISTING PRINCIPAL ACTIVITIES OF KANGER AND ITS SUBSIDIARIES ("KANGER GROUP" OR THE "GROUP") TO INCLUDE CONSTRUCTION AND RELATED ACTIVITIES ("PROPOSED DIVERSIFICATION")


https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3166029

Better check if someone is sleeping on the job

Posted by MZM2511 > 2021-10-18 15:58 | Report Abuse

@Patience99. For now, only this construction project should be under commencement.

1. A Collaboration Agreement between Vegetta Champion Sdn. Bhd. and Kanger Ventures Sdn. Bhd. a wholly owned subsidiary of Kanger, relating to a Genting Highland construction project contract with contract value RM478 million.

Progress of the agreement:

a. Based on an announcement at BURSA dated 2 March 2021.

VCSB received a Letter of Intent dated 2 March 2021, whereby VCSB was appointed as the main contractor for foundation and main building works of a project.

Kanger Ventures shall be responsible for the entire project management, financial and entire administration of the Project

b. Based on an announcement at BURSA dated 4 March 2021.

The Company announced that the Project is expected to commence in June 2021 and to be completed in 48 Months.


Remark: The construction project contract under this collaboration agreement will start in June 2021.

Posted by MZM2511 > 2021-10-18 16:04 | Report Abuse

The status for another CA on construction projects. See remarks.
-----------

5. A Collaboration Agreement between Kanger Ventures and Multiple Novation, relating to a multiple constructions works.

Progress of the agreement:

a. Based on an announcement at BURSA dated 15 January 2021

The Board of Directors of Kanger International wishes to announce that its wholly-owned subsidiary, Kanger Ventures Sdn Bhd , had on 15 January 2021 entered into the following Collaboration Agreements.

a) Qbeez Holdings Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 6th July 2018 for construction of main building works of the project of development of three (3) blocks of affordable apartment on Lot 52957, Jalan Desa, Taman Desa, Mukim Kuala Lumpur, Wilayah Persekutuan (“Qbeez Project 1”);

b) Qbeez Holdings Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 28th December 2018 for construction of building and external works for the project of development two (2) blocks apartment on PT 15659, Jalan Indrahana 3, Mukim Petaling, Kuala Lumpur, Wilayah Persekutuan (“Qbeez Project 2”);

c) Lead Pinnacle Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 28th October 2019 for construction of piling and foundation works of the project of construction of a temporary gallery on PT 23923, (H.S.(D) 18603) Genting Highlands, Mukim Bentong, Daerah Bentong, Negeri Pahang (“Lead Project 1”);

d) Lead Pinnacle Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 7th July 2020 for construction of foundation and main building works for the project of a mixed development of two (2) blocks of service apartment on PT 23923, (H.S.(D) 18603) Genting Highlands, Mukim Bentong, Daerah Bentong, Negeri Pahang (“Lead Project 2”);

e) Deseo Engineering Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 13th April 2018 for construction of main building works for the project of a development of two (2) blocks of affordable apartments and two (2) blocks of apartment on Lot 55121, Jalan Jujur, Bandar Tun Razak, Cheras, Kuala Lumpur (“Deseo Project”);


f) Enduring Power Sdn Bhd and Kanger Ventures in respect of Letter of Award dated 1st June 2019 for construction of main building works for the project of a development of two (2) blocks of service apartment on Lot 1351 & 1377, Jalan Padang/Jalan Padang Walter Grenier dan sebahagian simpanan Jalan, Seksyen 67, Bukit Bintang, Bandar Kuala Lumpur (“Enduring Project”).



Any approval required from the relevant authority and shareholders in a general meeting of the Company to undertake this collaboration herein contemplated;

The Parties shall fulfill the above conditions within 90 (ninety) days from the date of these agreements or such extended date as shall be mutually agreed in writing by the Parties (Cut-Off Date).


Remark:

1. No further announcement on the progress of this Collaboration Agreement or any termination of the CA yet by to date.

Posted by MZM2511 > 2021-10-18 16:31 | Report Abuse

@wistlebower99. Better check if someone is sleeping on the job

--------------------
Both documents should be looked as official documents. The company or BOD should be legally liable on their reports.

Bare in mind, that there should be are variabilty on the tentative of the projects. Only they know what happened.

Posted by MZM2511 > 2021-10-18 16:31 | Report Abuse

ANYWAY, KANGER WAS MORE DIVERSIFIED.

In near future, we should concern more on these potentials of the company:


1. The proceed from the disposal of assets (if done) will give positive short term impact on profitability of Kanger.

2. Expecting the expansion in Jingzhou will allow the Group to focus not only on manufacturing of bamboo products but also processing of bamboo related foodstuff and bamboo eco-tourism in the near future. The businesses should be improved when the Covid-19 pandemic settles in the near future.

3. The contribution from Sung Master also expected to help Kanger in terms of increasing the company's revenue and profitability in the near future.

Posted by CUTLOST > 2021-10-18 16:42 | Report Abuse

Bila mau jalan nie..

Posted by JuliusCeasar > 2021-10-18 16:59 | Report Abuse

Get ready! More worst is about to come. Share price would hover between 4 - 6 cent till end of this year. Most retailers are been trapped now!

Posted by MadCow75 > 2021-10-18 17:54 | Report Abuse

currently will not move... had to wait bilis gang collect back ticket... they r keep press down the price....

Posted by Peace99 > 2021-10-18 17:57 | Report Abuse

Please correct me if wrong...Mr James Ng video mentioned compared to 2019 when share price was 4 Sen, now 5 Sen, gain is 25%, impressive. James mentioned loss over several quarters, but never mentioned the many recent positive points, So this might encourage some busy holders from 2019 to sell for the 25% gain.....But if I'm from 2019 I will hold because James didn't seem to give a balance assessment.....

Posted by Miey089 > 2021-10-18 18:10 | Report Abuse

xpyh nk bincang sgt la..tggu je jerung buat kje..bilis duk tepi mkan kuaci..ak sangkut kt 0.12...rilek sudahhhh

Posted by rr1688 > 2021-10-18 19:24 | Report Abuse

qes share price from RM0.11 increase to RM0.75...1 KUPANG increase to 7 KUPANG...I LOVE PENNY STOCKS...

Posted by rr1688 > 2021-10-18 19:26 | Report Abuse

penta share price from RM0.05 increase to RM5.43...5 SENG increase to 5 RIAL..PITIH MOLEK...

Posted by mansaham1972 > 2021-10-18 19:32 | Report Abuse

Mu masuk ko dok rr1688 hok mu dok royak tu penta,qes, vitrok.Ko mu kecek saja hahaha

Posted by rr1688 > 2021-10-18 19:33 | Report Abuse

REAL ESTATE up despite pandemic...airbnb is the greatest REAL ESTATE company...KANGER is in REAL ESTATE now...amid strong red hot demand airbnb target price upgrade to usd220...KANGER target price usd22...

Posted by JuliusCeasar > 2021-10-18 19:51 | Report Abuse

rr1688 Joker!

Posted by rr1688 > 2021-10-18 20:15 | Report Abuse

meh saheh masyiok dah...jhm share price from RM0.05 increase to RM1.91...i larp penny stocks...

Posted by rr1688 > 2021-10-18 20:32 | Report Abuse

KANGER...to the MOON...

Posted by 651158 > 2021-10-18 20:37 | Report Abuse

rr1688 so tomorrow limit up la

Posted by rr1688 > 2021-10-18 21:48 | Report Abuse

MULTI PRODUCTS in pipe line..MULTI UPTREND expected...MALAYSIA BOLEH...KANGER BOLEH...

Posted by Miey089 > 2021-10-18 22:08 | Report Abuse

kahkahkah..mimpi basah jela..kanger kubur selamanya..

Posted by mansaham1972 > 2021-10-18 22:09 | Report Abuse

Tak payah mimpi kanger nak jalan.Skg cerah harapan mother bakal ikut harga waran menuju 2n3 sen.Awal minggu lepas push mother 6.5 sen semata2 utk trap ikan bilis masuk waran harga 1n1.5 sen.

Posted by rr1688 > 2021-10-18 22:28 | Report Abuse

world richest salesman company share price now is usd3409...he sells a to z...if u invested in early stage...u would have GAIN 196,953 %...KANGER is in early stage now...to the MOON...

Posted by rr1688 > 2021-10-18 22:29 | Report Abuse

frontkn share price from RM0.05 increase to RM3..66...MIMPI JADI KENYATAAN...

Posted by mikeann > 2021-10-19 07:35 | Report Abuse

Stock is grossly oversold.

It is close to 52 weeks low ,having dropped from 7 sen to 4.5 sen within 4 weeks.

At 5 sen, rebound is imminent. Immediate resistance is at 6.5 sen.

Posted by alvinchua87 > 2021-10-19 10:49 | Report Abuse

0..05 very strong support.

Posted by Allholand > 2021-10-19 14:03 | Report Abuse

This week up to 0.08 buy buy buy

Posted by Allholand > 2021-10-19 14:03 | Report Abuse

End 2021 , 0.35 , buy buy buy

Posted by Allholand > 2021-10-19 14:04 | Report Abuse

WB 0.10 - 0.20 buy buy buy

Posted by Kisshunter > 2021-10-19 14:49 | Report Abuse

So yakin you..

Posted by MZM2511 > 2021-10-19 15:09 | Report Abuse

Reference is made to the announcement dated 19 July 2021 pertaining to the Head of Agreement between Kanger Medical International Sdn. Bhd., a wholly-owned subsidiary of the Company and Sparmak Medical Equipment Trading LLC for purchase of inactivated SARS-COV-2 Vaccines (Vero Cell) vaccine developed by Beijing Institute of Biological Products Co. Ltd., an affiliate of SINOPHARM CNBG.

The Board of Directors of Kanger wishes to announce that the Company is still waiting for the approval from National Pharmaceutical Regulatory Agency (NPRA).

This announcement is dated 18 October 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3201776

Posted by Noobie123 > 2021-10-19 17:13 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/10/15/duopharma-distributes-sinopharm-covid-19-vaccine

KUALA LUMPUR: Duopharma Biotech Bhd’s unit is distributing the Sinopharm Covid-19 vaccine following the arrival of a shipment as the company contributes to the vaccination efforts in Malaysia.

The company said on Friday its unit Duopharma (M) Sdn Bhd is the product registration holder approved to sell and distribute the vaccine.

Posted by MZM2511 > 2021-10-19 18:12 | Report Abuse

KUALA LUMPUR (August 14, 2021 ) : The United Arab Emirates (UAE) has donated 1 million doses of Covid-19 vaccine to Malaysia to combat the pandemic.

Expressing his gratitude, Senior Foreign Minister Datuk Seri Hishammuddin Hussein said the contribution would greatly assist in intensifying the daily vaccination rate of the Covid-19 National Immunisation Programme (NIP).

"The Foreign Ministry welcomes the contribution of 1,000,000 doses of vaccine by the Government of UAE to Malaysia.

"On behalf of His Majesty the Yang di-Pertuan Agong, the Government of Malaysia, and the Malaysian people, I would like to express our sincerest gratitude to His Highness Sheikh Mohamed Zayed Al-Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces; my counterpart, His Highness Sheikh Abdullah Zayed Al-Nahyan, Foreign Affairs and International Cooperation Minister.

Source: https://www.nst.com.my/news/nation/2021/08/717928/uae-donates-1-million-doses-covid-19-vaccine-malaysia

---------------------

I can not get further news about this UAE donation. Any news about it ?

Posted by MZM2511 > 2021-10-19 18:49 | Report Abuse

Sinopharm (Beijing): BBIBP-CorV (Vero Cells) Vaccine Type: Inactivated.
This vaccine may also be referred to as Covilo. – This vaccine is approved by NPRA and registered by Duopharma as a registered holder.

This vaccine is also manufactured by G42 Healthcare (Hayat-Vax), the vaccine that Kanger is waiting for the approval from NPRA.

Source: https://covid19.trackvaccines.org/vaccines/5/

Posted by Noobie123 > 2021-10-19 20:11 | Report Abuse

MZM2511,
According to the Controls of Drugs and Cosmetics Regulations 1984, any company that want to manufacture, import or wholesale any registered products need to have Manufacturer’s Licence, Import Licence or Wholesale Licence. Licensing & Certification Section is involved in the activity of issuance of Licence. ( Source: NPRA - Ministry of Health Malaysia)

Question: Does Kanger has any of the above, taking note it is not involved in this pharmaceutical industry. It has no experience nor track record.

As to the donation from UAE, the route to procure these free vaccines must go through the licensed companies as per NPRA. As far as Hayat is concerned, though it is Sinopharm manufactured under licence, it is still subjected to be audited and approved before it can be brought in. The name can be the same but the plant is different, the QC and formulation must be certified just in case of any deviation.

Posted by MadCow75 > 2021-10-19 20:59 | Report Abuse

now operator keep press price to collect... can easily notice the keyboarder all out from water...

Posted by MZM2511 > 2021-10-19 21:55 | Report Abuse

@Noobie123. ... need to have Manufacturer’s Licence, Import Licence or Wholesale Licence.
------------

Just to share my notes on the proposed business.
BUT I'm NOT SURE about the TRUE SITUATION that happened in the company's plans and business. TAYOR



" Earlier this year, Sinopharm entered into a joint venture with UAE-based G42 to produce the Sinopharm Covid-19 vaccines in the country under the Hayat-Vax brand.

The made-in-UAE vaccine was the first Covid-19 vaccine to be produced in the Arab world.

"The Hayat-Vax vaccine is essentially the same Sinopharm Covid-19 vaccine, manufactured in the UAE. Hence, we are confident that it will be well-received and accepted by the Malaysian people as an effective vaccine towards the global fight against the Covid-19 pandemic," said Kuah.

Kanger has also been authorised by G42 to be the product registration holder and distributor of the Hayat-Vax vaccine in Malaysia.

On behalf of G42 Medications, Kanger said it had submitted applications to obtain the required approvals from the National Pharmaceutical Regulatory Agency for the Hayat-Vax vaccine to be used in Malaysia.

and:

Kanger will collaborate with ZP to facilitate the import, warehousing, and distribution of Covid-19 vaccines in Malaysia. "

Posted by Kisshunter > 2021-10-19 22:04 | Report Abuse

So, tomorrow move? Which direction?

Posted by mansaham1972 > 2021-10-19 22:12 | Report Abuse

Kanger ni kaunter serba boleh,masa glove meletop dia umum bisnes glove,bila orang sibuk buat vaksin,dia umum bisnes vaksin,masa properties nak pulih,dia umum bisnes properties.Inilah ciri lengkap kaunter penipu yg tiada bisnes tapi cari peluang utk tipu pelabur naif kahkahkah.

Posted by MZM2511 > 2021-10-19 22:12 | Report Abuse

@Noobie123

Referring to the announcement by Kanger:

----- "The Board of Directors of Kanger wishes to announce that the Company is still waiting for the approval from National Pharmaceutical Regulatory Agency (NPRA)."
-------------

The announcement by the listed company should be binding by Law and Regulations.

I think, they could not simply say that ".... is still waiting for the approval..." if they do not applied for the approval yet. It will be misleading information given to the investors and public and the BOD will has a risk of breaching the law.... I think the BOD not dare to take the risks.

Therefore, I concluded that, Kanger has submitted the application for NPRA approval.

TRUE, the NPRA has their justifications to be fulfilled before approving the application.

Even the Sputnik V not yet approved by NPRA. INI MASALAH ROTI CANAI, NIE.. He He