PRESS RELEASE
BCMAll and rLoop Ltd of HK receive RM$845 million order for Covid-19 attenuation devices
KUALA LUMPUR, 26th July 2021: BCM Alliance Berhad (“BCMAll”, Stock code: 0187) via its whollyowned subsidiary, BC Medicare Sdn Bhd and rLoop Limited (“rLoop”), a Hong Kong corporation have received a letter of offer from Euro-China Technology Achievement Transformation (Tianjin) Co Ltd (“EC Tech”), a company incorporated in the People’s Republic of China 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 of “rGuard” (“Products”) in the global market except for India. The Products 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 the 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 BCMAll 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 Products. A separate OEM manufacturing agreement between rLoop and BCMAll is underway. BCMAll will also be responsible for providing training to EC Tech on the functions and operations of the goods.
The Executive Director of BCMAll, Hoo Swee Guan [侯瑞源] said, “The Covid-19 virus will exist for a long time, and the global economy and society must be reopened after vaccination program worldwide. Eliminating the virus is the top priority. The rGuard can be installed in all in-door areas and it has huge market potential.”
“BCMAll is also authorised to market the Products to global markets, except India. Fortunately, we receive a big order of US$200 million before we even start, and the future sales volume will bring very considerable turnover to our group,” Mr Hoo added.
All the 3 parties would be negotiating towards a definitive agreement to formalise this significant order. The tripartite 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.
About BCMAll BCM Alliance Bhd is a Malaysia-based company that is the investment holding company of BCM Group. The Group's principal business activities include the supply, installation, testing and commissioning of commercial laundry equipment and medical devices.
The Group's major products include vented and on-premise commercial laundry equipment, such as various types of washers, tumble dryers, dry cleaning machines, flatwork ironers, spotting tables, industrial presses machines and chemical dispensing systems; medical imaging equipment, including MRI systems, CT scanners, digital radiography/fluoroscopy systems, X-Ray systems, bone densitometers and CR systems, and disinfection, sterilization and surgical room equipment.
BCM Group's clients are self-service launderettes, on-premise and other laundries, as well as healthcare providers.
BCM Alliance Berhad's subsidiaries include BC Medicare Sdn Bhd, Foodict Maker Sdn Bhd, Best Contact (M) Sdn Bhd, CS Laundry System Sdn Bhd, Maymedic Technology Sdn Bhd and BC Medical Sdn Bhd.

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