LTAT invests a large chunk of fund into BStead group of co. If the big loss from loan guaranteed by Bstead or Affin bank, it will shake the group as well as pencen fund of army. If banks take legal action to takeover the Pharma asset or ask immediate settlement, Pharma will collapse so as affected Hospital logistic and LTAT. The cheapest way and faster way is gov issue long contract for the logistic (as per normal cause of operation) to confident the banks. The rest can take time to solve one by one.

Seem gov need to issue long contract to Pharma as a back2back guarantee to bank.

ya...it is rumours from Kajang jail that a middle-east prince (cosplay by Jho Lo) will purchase all leftover vaccine for USD100/vials. Pharma share will soon shot up to RM10. Go buy at RM5 --RM8.. Bstead will happily sell to u.

i do share the same view of point w Bob's: <Why do they want to be the fall guy? and take the blame? No such free lunch in the world.> . Why do the CEO wants to risk his reputation and take the flame if there were no order nor promise nor remuneration. We can see from the 1MDB trial how the high hierarchy work their way to promise, play of power and mislead experience bank officer, capital market, auditor general etc into believing. Many unanswered myst.

There are still many mystery required Zul to answer. Is this 14mil vaccines is the stockpile requested by MOH since we heard MOH keep asking ppl to take 3rd n 4th jap. Pharma is to bail out the mistake by KJ. Or Zul simply buy it without a single PO. If the CEO is clean and think he did the right thing, then he should attend coming AGM to answer all question. I bet he will resign before the AGM to avoid answer all those questions.

either MOH will buy it or Pharmaniaga write it off, Malaysian pay it.

Who decide and approve the purchase of 14mil doses vaccine last year a few months before election? Pharmaniaga until now did not answer the question!!!!

Since 40 years of Privatation policy, Malaysia still have many co in the name of GLC. Dulu gov je rugi, now public sama sama tanggung rugi. Only the politicians gain.

These vaccines expire date was extended by our the then Health ministry led by KJ. The question is: Does Sinovac and WHO acknowledged the extension? Will customer accepted?

or Pharma is bail out the shit left by PN. Shareholders to pay the price of vaccine. Agents laugh to the bank.

Yes! Seperate ofpower. BOD should counter check the management decision. If management sit in the board, who gonna check n balance.

the CEO is kicked out of BOD. Haha

The Board also announced the resignation of Datuk Zulkarnain Md Eusope and Zulkifli
Jafar from the Board. Datuk Zulkarnain and Zulkifli are then redesignated as
Pharmaniaga Chief Executive Officer and Deputy Chief Executive Officer, respectively.
Meanwhile, Mohamed Iqbal Abdul Rahman is redesignated as Chief Operating Officer.
These are aligned with Boustead’s groupwide policy to further encourage transparency,
good corporate governance and separation between the Board and Management. This
policy which is applied in all operating companies within Boustead Group, is in tandem
with the principles under the Malaysian Code on Corporate Governance.

drop 50%, Pharma needs to up 100% to back to pre-PN17 level.

the same group of ppl said the same when the price drop below RM1.

the man causing big loss still counting fat salary every month.

Sinovac comes in to privatize Pharma with zero cost due to vaccine owing to them, Goose@123 seeing his paper value burn into the air.

push up n sell. seen some big croc is leaving...Where are KJ n Zul?

fund manager will leave PN17 co. As long as Pharma didnt explain why she keep so much stockpile, the market wont confident on the management. Time to call in MACC.

adakah Pharma bail out purchase by KJ?

where is KJ?

we are not talking abt fungsi of Pharma we talk about transparency n decision making of order 19mil vaccine last year . Dont try to shift the goal post.

where is KJ? Why he diam diam not answer y buy so much vaccine n now asking Pharma to bail out

50mil goodwill loss in Indonesia also a big concern. Kan Ah Bah suka Indo?

besok dengar 5 lot combine to 1 and cut cap....u will dengar Loss123 cry like baby

No transparency, the CEO diam diam. Boustead support the CEO. Market total loss confident on the co, rebound also just push up to dump.

thats y management need to accountable.

@Good123, if you wat the share up to Rm1 again, u must request EGM demanding management n directors to answer this issue!

Pharma whole the while well managed by professional ppl since relist until PN took over n appointed a CEO from power industry. The rest is history...

Goo123 dont keep give excuse for the CEO. If you have gut, ask Zul come out to answer all the mist.

Pharma shareholder still paying high salary to the CEO who caused the co into PN17. The dumb Good123 who claims is the small holder of the co keep singing for the top management. Even the hard-core Chow has changed the tone. Who believe Good123 does not has relationship with the insane.

Good123 dont talk too much about Africa, show proof Pharma has successfully sold to Africa as per claim by CEO.

Why Pharma ordered new batch of vaccine when gov has announced Mysejahtera and vaccination is not necessary.?

Why Pharma ordered another 19mil doses of vaccine Aug last year when the pandemic has eased and SOP was loosed. CEO should come out n explain why took this bold decision to spend 600mil.

rugi tetap rugi.

Haha thanks Good123 for the info: For the past 2 years u got 10.4 cent of dividend but in one day you lost 22 cent in share price. Ha ha good one..

Seen Good123 has many data and news link and info ad so free to acquire these data to laundry the forum, it is strong indication he is the cybertrooper hired by certain party.

Good123, are you a hire cybertrooper to bleach management wrong doing?

This is corp government and transparent issue, not the share price in the market. CEO should come out to explain not hide behind Boustead.

why stock so many short life vaccine? The management has yet to answer.

first question, why buy more if no order? Now baru mau cari sale? Who is the broker?

ya..u can expand production, upgrade system, syiok sendiri without sales revenue and profit.

for the past, we are led to understand that gov sign with Sinovac and Pharma act as repacker and distributor in Malaysia. Now Pharma bypass gov to buy in bulk themselves without confirm order knowing vaccine has very short lifespan? Taking the bold decision of such huge amount which now has risk the fundamental of the co, wont the very top management need to take responsibility and come out to explain the decision? It is weird that Boustead CEO quoting this:
"We are supporting the management team to ensure a robust regularisation plan is in place to strengthen the company’s balance sheet and progressively work towards the upliftment of the Practice Note 17 status,"

see, two years ago we have raised concern of the creditability of the CEO and his decision.

TY buying KNM and start selling its prize asset just like he bought MAA and sold its main business which generated most of its revenue. KNM may soon become PN17 by selling off its main business unit. And then will take years to find a core business like MAA?

Like Reddit forum, we can push up the share price and cekek CIMB C22. hi hi Can minority in Malaysia do that?

Should MAA convert its option to Altech share in this May?

Altech is currently constructing a battery materials coating pilot plant in Germany to demonstrate its patented
Silumina AnodesTM technology, targeted to supply the burgeoning European electric vehicle market. In
addition, on 20 April 2022, Altech released to the ASX an announcement entitled ‘Altech – Outstanding
Preliminary Feasibility Study for Silumina AnodesTM Battery Materials Project’.

Announced 21st April 2022

Altech Chemicals Limited (Altech/the Company) (ASX: ATC) (FRA: A3Y) is pleased to announce that a
recent Geos Mining Mineral Resource Estimate (MRE), based on the Kerrigan kaolin, reported an Inferred
Resource of 125 million tonnes at an ISO brightness of 85.2%. This is a significant increase (47%) on the
previous Geos Mining 2011 estimate of 85 million tonnes at an ISO brightness of 85.1%

announced 6th April 2022

where is Koon Yew Yin who is frequently talk abt HengYuan?