BCM ALLIANCE BERHAD

KLSE (MYR): BCMALL (0187)

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0.015

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4 people like this.

5,986 comment(s). Last comment by whistlebower99 2 months ago

MZM2511

4,549 posts

Posted by MZM2511 > 2021-12-24 17:53 | Report Abuse

OTHERS BCM ALLIANCE BERHAD ("BCM" OR "THE COMPANY") - MANUFACTURING AGREEMENT BETWEEN BC MEDICARE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF BCM AND RLOOP LIMITED AND EURO-CHINA TECHNOLOGY ACHIEVEMENT TRANSFORMATION (TIANJIN) CO., LTD.

Reference is made to the Memorandum of Understanding entered between BC Medicare Sdn. Bhd. (“BC Medicare”), a wholly-owned subsidiary of BCM and rLoop Limited (“rLoop”) (individually referred to as “Party” and collectively referred to as “Parties”) on 26 July 2021, the Board of Directors of BCM (“Board”) wishes to announce that BC Medicare had on 23 December 2021 entered into a Manufacturing Agreement (“the Agreement”) with rLoop and Euro-China Technology Achievement Transformation (Tianjin) Co. Ltd (“EC”) to provide manufacturing services for the virus attenuation devices using photon mediated electrons and emitters under rLoop’s own brand name of “rGuard – rLoop Virus Attenuation Device” (“Product”).

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3221378

MZM2511

4,549 posts

Posted by MZM2511 > 2021-12-24 17:58 | Report Abuse

BC Medicare had on 23 December 2021 entered into a Manufacturing Agreement (“the Agreement”) with rLoop and Euro-China Technology Achievement Transformation (Tianjin) Co. Ltd. (“EC”) to provide manufacturing services for the virus attenuation devices using photon mediated electrons and emitters under rLoop’s own brand name of “rGuard – rLoop Virus Attenuation Device”

INFORMATION ON BC MEDICARE, RLOOP AND EC

2.1 BC Medicare
BC Medicare is a private limited company incorporated in Malaysia with its registered address at Third Floor, No. 77, 79 & 81, Jalan SS21/60, Damansara Utama, 47400 Petaling Jaya, Selangor Darul Ehsan. It is principally engaged in the business of designing, developing, manufacturing, testing, configuring, assembling, packaging and shipping electronic assemblies and systems.

2.2 rLoop Limited
rLoop is a limited company incorporated in Hong Kong with its registered address at Suite 4703, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong. It has the licensed right for designing, manufacturing (including contract manufacturing), developing, distributing, marketing and selling the Product in various countries.

2.3 EC
EC is a company incorporated in the People’s Republic of China with its registered office at Suite 6-402-7, 1-1, Harbour Venture Park, Lingang Economic Zone, Binhai New District, Tianjin City, the People’s Republic of China. It has agreed to purchase the agreed quantity of the Product from rLoop at the agreed price.

MZM2511

4,549 posts

Posted by MZM2511 > 2021-12-24 18:01 | Report Abuse

3. SALIENT TERMS OF THE AGREEMENT

3.1 Transaction
The details of the transaction are as below:-

(a) rLoop has engaged BC Medicare to manufacture, test, configure, assemble, pack and/or ship the Product.

(b) EC agrees to purchase 100,000 units of the Product from rLoop at a price of US$2,000 per unit with a total consideration of US$200 million, in which such price will include, inter alia, royalties, installation and debugging, operation and technology information training, data monitoring and maintenance services.

(c) The Product will be manufactured by BC Medicare in Malaysia under a separate Original Equipment Manufacturer (OEM) manufacturing agreement between BC Medicare and rLoop.

(d) BC Medicare will be responsible for providing training to EC on the functions and operations of the Product.

3.2 Purchase Order

The total quantity of the Product under the Agreement is 100,000 units. EC will place individual Purchase Order(s) to rLoop no less than 30 days before the scheduled delivery for each Purchase Order.

3.3 Price

US$2,000 per unit of the Product.

3.4 Payment Term

10% of the purchase sum for each Purchase Order shall be paid by EC in cash term within seven (7) days upon rLoop’s confirmation of receipt of the Purchase Order, and the remaining 90% shall be paid prior to shipment in form of standby letter of credit or any other banking instrument to be agreed by rLoop.

27055825

1,466 posts

Posted by 27055825 > 2021-12-24 23:30 | Report Abuse

YOU GUYS FIURE IT OUT ... LIMIT UP OR GAP UP ?????????????????

Reap88

681 posts

Posted by Reap88 > 2021-12-25 23:20 | Report Abuse

If BCMall price appreciated, which public listed company being a substantial shareholder with 7.88% will also reap the benefits from its BCMall investment

Posted by Metaverse222 > 2021-12-27 08:43 | Report Abuse

MANUFACTURING AGREEMENT BETWEEN BC MEDICARE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF BCM AND RLOOP LIMITED AND EURO-CHINA TECHNOLOGY ACHIEVEMENT TRANSFORMATION (TIANJIN) CO., LTD.


SALIENT TERMS OF THE AGREEMENT

3.1 Transaction

The details of the transaction are as below:-
(a) rLoop has engaged BC Medicare to manufacture, test, configure, assemble, pack and/or ship the Product.

(b) EC agrees to purchase 100,000 units of the Product from rLoop at a price of US$2,000 per unit with a total consideration of US$200 million, in which such price will include, inter alia, royalties, installation and debugging, operation and technology information training, data monitoring and maintenance services.

(c) The Product will be manufactured by BC Medicare in Malaysia under a separate Original Equipment Manufacturer (OEM) manufacturing agreement between BC Medicare and rLoop.

(d) BC Medicare will be responsible for providing training to EC on the functions and operations of the Product.

Purchase Order

The total quantity of the Product under the Agreement is 100,000 units. EC will place individual Purchase Order(s) to rLoop no less than 30 days before the scheduled delivery for each Purchase Order.

3.3 Price

US$2,000 per unit of the Product.

Posted by Metaverse222 > 2021-12-27 08:45 | Report Abuse

can bring revenue in 2022 by US$ 200 mil which is equivalent to Rm 840 mil

future company growth very bright

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-12-27 08:47 | Report Abuse

5 days to go! Happy trading.

Posted by Metaverse222 > 2021-12-27 08:50 | Report Abuse

BCM, Hong Kong’s rLoop get RM845m order for Covid attenuation devices

PETALING JAYA: BCM Alliance Bhd via its wholly owned subsidiary BC Medicare Sdn Bhd and Hong Kong’s rLoop Limited have received a letter of offer from China’s Euro-China Technology Achievement Transformation (Tianjin) Co Ltd (EC Tech) to purchase 100,000 units of virus attenuation devices with a total sale of US$200 million (RM845 million).

This virus attenuation or reduction devices use photon mediated electrons and emitters under rLoop’s brand name “rGuard” in the global market except for India. The product can disable the coronavirus in enclosed spaces with up to 99.9% efficacy – enabling schools, colleges, homes and businesses like hospitals, hotels, offices, restaurants, auditoriums, transportation, retail and airports to get back to normal and serve people in a safe environment.

At US$2,000 per unit, the price will include royalties, installation & debugging, operations & technology information training, data monitoring and maintenance services.

BC Medicare is in the business of designing, developing, manufacturing, testing, configuring, assembling, packaging and shipping electronic assemblies and systems, whereas rLoop has the intellectual property rights and licensing right for designing, manufacturing (including contract manufacturing), developing, distributing, marketing and selling of these products.

On the same day, rLoop has engaged BCM Alliance via a memorandum of understanding (MoU) to manufacture, test, configure, assemble, pack and/or ship the virus attenuation or reduction devices as well as provision of manufacturing services for the product. A separate OEM manufacturing agreement between rLoop and BCM is underway. BCM will also be responsible for providing training to EC Tech on the functions and operations of the goods.

BCM Alliance executive director Hoo Swee Guan said the rGuard can be installed in all indoor areas and it has huge market potential.

“BCM is also authorised to market the products to global markets, except India. Fortunately, we receives a big order of US$200 million before we even started, and the future sales volume will bring considerable turnover to our group,” Hoo added.

All three parties would be negotiating towards a definitive agreement to formalise this significant order. The tri-partite definitive agreement will contain detailed terms in the following aspects as well as such other terms and conditions that are standard for transactions of this nature and acceptable to the signing parties – such as specifications and packaging, quantity (number of shipments and quantity of each shipment), price terms, delivery schedule, destination, payment terms, quality and inspection (return policy), installation & debugging, training, warranty and maintenance.

Citadel666

535 posts

Posted by Citadel666 > 2021-12-27 08:59 | Report Abuse

so??limit up???

Posted by Metaverse222 > 2021-12-27 09:12 | Report Abuse

must patiently keep it for next 12 months, can see the trading price by between 22 to 26 cents since new business will bring the company future growth

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-12-27 09:14 | Report Abuse

haha

Michael R.

4,828 posts

Posted by Michael R. > 2021-12-27 09:31 | Report Abuse

Why no limit up?

Citadel9999

2,878 posts

Posted by Citadel9999 > 2021-12-27 09:32 | Report Abuse

limit up in their dream

Michael R.

4,828 posts

Posted by Michael R. > 2021-12-27 09:32 | Report Abuse

Could be everyone thinking this an old news? LOL this is a hot news...latest updated news..

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-12-27 11:24 | Report Abuse

Old news! See the date June 2021!

Shines

2,824 posts

Posted by Shines > 2021-12-27 14:11 | Report Abuse

You think they are gon gon meh, everyone think it will up, they will up for you to profit meh

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-12-27 14:44 | Report Abuse

Just look and see in 5 days trading days. By end of the year is just around the corner. The truth will reveal.... Share price goes up or down!

Syndicate main strategy .... To catch a big fish its bait must also be big.

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-12-27 14:45 | Report Abuse

BECAREFUL!!!

Shines

2,824 posts

Posted by Shines > 2021-12-27 15:12 | Report Abuse

Price already so low, how low it can go, gamble with 2 sen loss the most if buy now
27/12/2021 3:10 PM

MZM2511

4,549 posts

Posted by MZM2511 > 2021-12-27 15:50 | Report Abuse

JuliusCeasar Old news! See the date June 2021!
------------
Its an updated news.

The MANUFACTURING AGREEMENT BETWEEN BC MEDICARE SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF BCM AND RLOOP LIMITED AND EURO-CHINA TECHNOLOGY ACHIEVEMENT TRANSFORMATION (TIANJIN) CO., LTD. has been signed in...

announcement on 24 December 2021:
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3221378


announcement on 26 July 2021 and 29 July 2021:


https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3178164

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3179365

Michael R.

4,828 posts

Posted by Michael R. > 2021-12-27 18:24 | Report Abuse

Off course would not have impact on financial performances for 2021.. Already end of the year..

Now try to see what would happen for the next QR if the product get delivered.. 100,000 units & USD$2000 per unit..

I think not a problem if not LIMIT UP.. more time for collect ...
....

3
7. APPROVAL REQUIRED
The Agreement is not subject to the approval of the shareholders of BCM and/or any regulatory authorities.
8. INTERESTS OF DIRECTORS, MAJOR SHAREHOLDERS AND/ OR PERSONS CONNECTED TO THEM
None of the Directors, major shareholders of the Company and/or persons connected to them have any interest, whether direct or indirect, in the Agreement.
9. STATEMENT OF THE DIRECTORS
The Board, having taken into consideration all aspects of the Agreement, is of the opinion that the Agreement is in the best interest of the Company.
10. DOCUMENTS AVAILABLE FOR INSPECTION
The Agreement is available for inspection at the registered office of the Company at Third Floor, No. 77, 79 & 81, Jalan SS21/60, Damansara Utama, 47400 Petaling Jaya, Selangor Darul Ehsan, during normal 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 December 2021.

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-12-28 14:11 | Report Abuse

Countdown 4 days to go. The truth will reveal within this 4 trading days. Would it GORENGGGG UP OR BIG SELL-OFF GORENGGGG DOWN!

BECAREFUL!!! Happy trading guys!

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-12-29 08:15 | Report Abuse

No need to quarrel yerrr! Let's see what happen by end of this Friday. Another 3 trading days to go. The truth will reveal! GORENGGGG UP OR MAJOR SELL-OFF GORENGGGG DOWN.

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-12-30 07:54 | Report Abuse

Another 2 days to go. Either today or tomorrow GORENGGGG UP OR MAJOR SELL-OFF GORENGGGG DOWN!

PRICE UP TO 3 CENTS OR CLOSE DOWN TO 1.5 - 2 CENTS

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-12-31 08:31 | Report Abuse

Today is the last and final trading day of 2021. The truth will reveal today. Closed gorengggg up or major sell-off gorengggg down.

Its all now depends to SYNDICATE..... THE GAMES IS ON THEIR HANDS.

No need to quarrel! Happy trading!

icon2021

203 posts

Posted by icon2021 > 2021-12-31 16:57 | Report Abuse

Next year... bullish....

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2021-12-31 18:19 | Report Abuse

So, this is the truth!
Happy new year!

diggerDC

45 posts

Posted by diggerDC > 2022-01-01 17:34 | Report Abuse

?

whats going on?

27055825

1,466 posts

Posted by 27055825 > 2022-01-01 19:37 | Report Abuse

Buy Buy Buy

kihkihkih

84 posts

Posted by kihkihkih > 2022-01-07 09:56 | Report Abuse

Goreng of penny stocks seems to reappear. Who care the non-stop reminder of that whistleblower ...

sunsetbiz

770 posts

Posted by sunsetbiz > 2022-01-07 10:01 | Report Abuse

syndicate ppl doing scammer work routine....dont get trap else ur CNY will need to drink plain water...:)

nklye

844 posts

Posted by nklye > 2022-01-08 00:36 | Report Abuse

When syndicate ppl goreng the pennytstocks, the non-syndicates get itchy hands and join in the goreng, who don't want to make quick money. The bluechips fellows too goreng their bluechips shares.

CatRebound

216 posts

Posted by CatRebound > 2022-01-10 10:26 | Report Abuse

Happy Chinese New Year... This BCMALL is soo good but why price at this level?

27055825

1,466 posts

Posted by 27055825 > 2022-01-10 14:33 | Report Abuse

So now start to breakout for a Happy Chinese New Year !!!!

alex

1,349 posts

Posted by alex > 2022-01-10 14:49 | Report Abuse

fintec gang is back in action... skim cepat kaya and miskin

27055825

1,466 posts

Posted by 27055825 > 2022-01-10 21:31 | Report Abuse

buy and no regret

27055825

1,466 posts

Posted by 27055825 > 2022-01-10 21:31 | Report Abuse

TP 0.30

Reap88

681 posts

Posted by Reap88 > 2022-01-11 09:01 | Report Abuse

Which public listed company is a substantial shareholder of BCMall? If BCMall price jump up substantially that cash rich public listed company will reap huge profit. Buy

Michael R.

4,828 posts

Posted by Michael R. > 2022-01-12 12:02 | Report Abuse

Now BCMALL is a gem...lol.... anytime...

suhaimi

92 posts

Posted by suhaimi > 2022-01-13 11:12 | Report Abuse

laundry machine spoil

Reap88

681 posts

Posted by Reap88 > 2022-01-13 13:44 | Report Abuse

I am surprised BCMall is allowed to issue 469M BCMall shares under ESOS scheme without having to call for an EGM or get SC approval. Something is very wrong. Instead of protecting the interest of minority shareholders SC is allowing excessive dilution of capital at the expense of small shareholders. Assuming BCMall have 100 employees, in theory each employee will be offered 4.69M BCMall shares valued at RM140,700. It makes me wonder how many employee have available cash of RM140,700 to buy 4.69M BCMall shares

pineapple123

2,472 posts

Posted by pineapple123 > 2022-01-13 20:07 | Report Abuse

Reap88 I am surprised BCMall is allowed to issue 469M BCMall shares under ESOS scheme without having to call for an EGM or get SC approval. Something is very wrong. Instead of protecting the interest of minority shareholders SC is allowing excessive dilution of capital at the expense of small shareholders. Assuming BCMall have 100 employees, in theory each employee will be offered 4.69M BCMall shares valued at RM140,700. It makes me wonder how many employee have available cash of RM140,700 to buy 4.69M BCMall shares
13/01/2022 1:44 PM

why would BCMall issued shares under ESOS, anybody?

5c0160

1,763 posts

Posted by 5c0160 > 2022-01-13 21:18 | Report Abuse

PN17 soon

MZM2511

4,549 posts

Posted by MZM2511 > 2022-01-13 21:38 | Report Abuse

pineapple123 ......why would BCMall issued shares under ESOS, anybody?

-------------
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : ESOS BCM ALLIANCE BERHAD ("BCM" OR THE "COMPANY") PROPOSED ESTABLISHMENT OF AN EMPLOYEES' SHARE OPTIONS SCHEME INVOLVING UP TO 30% OF THE TOTAL NUMBER OF ISSUED SHARES OF THE COMPANY (EXCLUDING TREASURY SHARES, IF ANY) FOR ELIGIBLE DIRECTORS AND EMPLOYEES OF THE COMPANY AND ITS SUBSIDIARIES ("ESOS")

Reference is made to the earlier announcements in relation to the ESOS dated 5 February 2021 and 15 February 2021.

On behalf of the Board, Mercury Securities wishes to announce that the effective date for the implementation of the ESOS is 25 March 2021, being the date on which the Company is in full compliance with all relevant requirements including Rule 6.44(1) of the Listing Requirements.

This announcement is dated 25 March 2021.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3142216

MZM2511

4,549 posts

Posted by MZM2511 > 2022-01-13 21:47 | Report Abuse

5c0160 PN17 soon
-------------

BCMall will not be clasified as PN17 listed issuer counter. Its listed on ACE market. He He



Do you think based on these items in its balance sheet, the company is closing its businesses and be classified as GN3 listed issuer counter especially in near future ?

Do you know, on what condition a specific company will be classified as PN17 or GN3 listed company ?


THE LATEST EQUITY OF BCMALL

EQUITY (RM)

Share capital 153,570,000
Merger reserves(16,049,000)
Revaluation reserves 5,109,000
Warrant reserve (29,004,000)
Other reserve 29,004,000

@@@Retained earnings 33,281,000

JuliusCeasar

1,216 posts

Posted by JuliusCeasar > 2022-01-15 11:20 | Report Abuse

When the ESOS LISTED? Not mentioned in yesterday'BURSA ANNOUNCEMENT

MZM2511

4,549 posts

Posted by MZM2511 > 2022-01-15 11:36 | Report Abuse

After this, there will be a specific announcement (Additional Listing Announcement / Subdivision of Shares) when the specific batch of shares from the exercise of ESOS are going to be listed.

It will stated the quantity of shares are going to be listing and the date of the listing...

CITADEL

1,867 posts

Posted by CITADEL > 2022-01-15 12:05 |

Post removed.Why?

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