dont... The case will increase since see the cases is hidden for covid-19 There still many not discovered they themselves with covid-19. Just waiting and waiting
If by taking IPO price at 28 cents, with today closing, it is just up 23%. So can it go further next week with this new biz? I hope it will turn up like glove companies... Let’s pray!
@qqqq_ss if based on your software app, the fair price for topglove is only rm4, but now you can see what the price of Topglove(304.7% far from the fair price which indicate in your software app) and all analysis also increase their target price, so what the software app you have,lol.
KUALA LUMPUR: ACO Group Bhd (AGB), via its wholly-owned subsidiary, Actgen Industry Sdn Bhd, has entered into a business collaboration agreement with health technology solutions provider, Prima Nexus Sdn Bhd (PNSB) to distribute rapid test kits for the detection of Covid-19 which have been approved by the Ministry of Health Malaysia (MOH).
Under the business collaboration agreement, AGB and PNSB will work together to distribute the Covid-19 Antibody Rapid Test Kit (ARTK) within Malaysia.
"This is a strategic collaboration for us to meet the rising demand for Covid-19 testing and detecting products, amongst our large base of industrial customers such as factory owners and construction companies.
"By working with PNSB, the Covid-19 tests can be carried out on-site at the organisations' respective premises by trained medical professionals.
"This makes it convenient for the customer and large-scale testing can be conducted within a short period of time," AGB group managing director Tang Pee Tee said in a statement today.
With the gradual resumption of economic and business activities across Malaysia, companies are taking steps towards creating a safe workplace environment.
Mass screening of Covid-19 using rapid test kits which detect antibodies is one of the recommended tests by MOH for workers returning to work.
Blood samples from individuals will be taken by finger-pricking and this easy-to-use test kit can generate results on-site within 15 minutes, with no requirement for samples to be sent to external diagnostic laboratories.
The tests will be carried out under the supervision of medical professionals from PNSB who will also certify the results.
PNSB is a regional management consulting firm providing bioscience and health technology solutions for the medical areas of research, clinical, therapeutic and diagnostic.
The company works with a broad mix of private, public and social sector institutions and is also involved in the distribution of pharmaceutical products and medical lab equipment to medical centres, hospitals, clinics and universities.
"Since the Covid-19 pandemic outbreak in Malaysia, ACO has also started distributing hand sanitizers and personal protective equipment such as masks and gloves that have been in high demand from our customers.
"Many business owners are looking for protective equipment to comply with the standard operating procedures (SOPs) set by the government after the relaxation of the Movement Control Order (MCO) and gradual reopening of businesses from 4 May 2020 onwards," Tan said.
"We look forward to establish a productive business relationship with PNSB and will explore new business avenues that leverage on both companies' strengths, riding on AGB's large distribution network and PNSB's strong knowledge in the medical industry," Tan said. 05/06/2020 11:45 AM
I think we're all aware of that possibility too, Bursa Wolf. In my opinion, I think taking in a new brand sales in covid related equipments now the new testing kit can justify quite a high price. If aco can supply them overseas, it'll be even more amazing. If the economy recover, we can expect them to do well in their core business. Either way, it should be up from here as the market indecision is happened on Friday.
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....
wudmec
254 posts
Posted by wudmec > 2020-06-05 14:40 | Report Abuse
thanks..sold already...wait another round