UCREST BERHAD

KLSE (MYR): UCREST (0005)

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Last Price

0.11

Today's Change

0.00 (0.00%)

Day's Change

0.11 - 0.115

Trading Volume

1,332,200


15 people like this.

18,983 comment(s). Last comment by orbiter 1 week ago

graphic

54 posts

Posted by graphic > 2021-04-14 19:43 | Report Abuse

Tp50

pang72

51,509 posts

Posted by pang72 > 2021-04-14 19:50 | Report Abuse

UCREST BERHAD (“UCREST” OR “THE COMPANY”)
- REPLY TO QUERY FROM BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) DATED 12
APRIL 2021 PERTAINING TO THE MEMORANDUM OF UNDERSTANDING ("MOU") WITH RUSSIAN
DIRECT INVESTMENT FUND ("RDIF") TO IDENTIFY, QUALIFY AND MANAGE THE CONTRACT
MANUFACTURERS TO PRODUCE SPUTNIK V ("VACCINES") FOR RDIF ("VENTURE")
We refer to the announcement made by the Company dated 9 April 2021 (“Announcement”) and
the query by Bursa Securities dated 12 April 2021 (IQL-12042021-00001) in relation to the MOU
(“Bursa Query”). Unless otherwise stated, the terms used throughout this announcement shall have
the same meanings as defined in the Announcement.
We wish to announce the following additional information as required by Bursa Securities pursuant
to the Bursa Query:-
1) The duration of the MOU and the date of commencement thereof.

The duration of the MOU will be 6 months or earlier. The commencement date was 9 April 2021

2) Whether the MOU is subject to a definitive agreement to be entered into by UCrest Berhad
(“UCrest”) and RDIF.

The definitive agreement will be signed once the detailed arrangements are finalized.

3) To quantify the Vaccines to be purchased by RDIF from UCrest.

Not less than 100 million doses and not more than one billion doses per annum for the first 2 years.

4) To state how UCrest will derive revenue from the contract manufacturing / selling of the
Vaccines to RDIF.

RDIF will purchase the vaccines from UCrest and UCrest will be outsourcing the production to
manufacturing partners

5) The total capital and investment outlay required to be committed by UCrest in connection with
the Venture, the source(s) of funding and the breakdown thereof.

There is no capital expense or investment required.
6) The relevant regulatory approvals, permits and/or licenses required to be obtained in order for
UCrest to perform its responsibilities under the MOU. To also state whether UCrest has secured
any of these regulatory approvals, permits and/or licences, and the relevant dates of application
and approval

There is no regulatory approval, permit or license required from Malaysia authorities for UCrest to
perform its responsibilities under the MOU.

pang72

51,509 posts

Posted by pang72 > 2021-04-14 19:51 | Report Abuse

7) UCrest’s future plans and prospects in connection with the collaboration with RDIF on the
Vaccines.

The future plans and prospects in connection with the collaboration with RDIF on the vaccines is
unlimited and will be discussed and negotiated in due course.

8) To elaborate on the financial risk and production risk associated with the MOU.

There are no foreseeable significant risks other than financial risk (ie currency exchange) and
production risk (insufficient manufacturing capacity that may refrain UCrest from fulfilling the
minimum requirement in a timely manner) associated with the MOU.

pang72

51,509 posts

Posted by pang72 > 2021-04-14 19:52 | Report Abuse

Macam bagus wow!!!

The vaccine supple for future is UNLIMITED??

APA INI..... MAHU BEAT APRIL AND AMAZON OR TESLA...


FUTURE PROFIT IS UNLIMITED??

Posted by fengpinglangjin > 2021-04-14 20:57 | Report Abuse

He he...remember what i said? Future earning same as tg.
Once they got billion user on imedic.

FutureGains

10,710 posts

Posted by FutureGains > 2021-04-14 21:19 | Report Abuse

they said no investment cost!!

Posted by fengpinglangjin > 2021-04-14 21:27 | Report Abuse

They identify and manage manufacturer. Of course no need investment cost.

ONTHEWAY

92 posts

Posted by ONTHEWAY > 2021-04-14 21:46 | Report Abuse

Can Keyasic design chips like travel passport after vaccinated the mentioned vaccine? One chip make RM 1 profit.

ONTHEWAY

92 posts

Posted by ONTHEWAY > 2021-04-14 21:48 | Report Abuse

Later link to ucrest big data , the whole world allow traveling base on this big data.

Alfonso

3,116 posts

Posted by Alfonso > 2021-04-14 22:01 | Report Abuse

This stock macam yes....and can out from penny stock in near future.

pang72

51,509 posts

Posted by pang72 > 2021-04-14 22:01 | Report Abuse

fengpinglangjin,

THANK YOU VERY MUCH!!

Michael Kwok

6,439 posts

Posted by Michael Kwok > 2021-04-14 22:10 |

Post removed.Why?

Esperian

139 posts

Posted by Esperian > 2021-04-15 01:09 | Report Abuse

Fund managers jus bot... they are not looking at 5s return ... at least 50% return

156563

1,475 posts

Posted by 156563 > 2021-04-15 01:40 | Report Abuse

明天有很大动作了,速度也增加了。

mf

29,183 posts

Posted by mf > 2021-04-15 06:16 | Report Abuse

Nasdaq 13,857.84 -138.259 0.99%

williamtkb

3,216 posts

Posted by williamtkb > 2021-04-15 07:12 | Report Abuse

rm1 on the way? Limit up?

Posted by fengpinglangjin > 2021-04-15 07:41 | Report Abuse

Sputnik vaccine bundle with imedic..can monitor patient vital stats and any complication immediately . Link to doc thru cloud. Any side effects and emergency can be traced,monitored ,recorded and followed up.Alarm can be set on imedic to notify doc on any alarming vital signs.

Rdif can get immediate data on vaccine user and do follow up.
Cdc issued warning and want all vaccine provider to do close follow up on post vaccination .
Rdif is doing that now thru imedic.

Duopharma can do?
Bintai can do?
Solution can do?

Malaysia gomen shld implement imedic on all covid patient and vaccine user for better healthcare management.

Posted by fengpinglangjin > 2021-04-15 07:43 | Report Abuse

C how can it be used

https://www.facebook.com/watch/?v=373538853710582

Alfonso

3,116 posts

Posted by Alfonso > 2021-04-15 07:58 | Report Abuse

i dare not playing fool with this taiko Ucrest, will support this taiko for at least 2 years andwi ll always stay by side even though like seating roller coaster.

thanosu

3 posts

Posted by thanosu > 2021-04-15 08:08 | Report Abuse

wow closed at 0.305 luckily I hold tight since Monday...RM2 还会远吗?

lksiam

352 posts

Posted by lksiam > 2021-04-15 08:31 | Report Abuse

Let the musical chair game begin. At least 6 months to play... (Still can even extend MOU at last minutes) It all depends on how operator want to play it

Posted by Robin_Hood388 > 2021-04-15 08:50 | Report Abuse

Limit up day !!!

bulldog

12,157 posts

Posted by bulldog > 2021-04-15 09:02 | Report Abuse

Hold tight tight

Huat chaiii

Alfonso

3,116 posts

Posted by Alfonso > 2021-04-15 10:36 | Report Abuse

please do not hesitate rocket up like berjaya terus berjaya.

156563

1,475 posts

Posted by 156563 > 2021-04-15 11:39 | Report Abuse

希望他放慢一点上升会更好

Alfonso

3,116 posts

Posted by Alfonso > 2021-04-15 13:40 | Report Abuse

if can stay in 0.30 before next quarter consider not bad already. next quarter should be gaining positive earning.

156563

1,475 posts

Posted by 156563 > 2021-04-15 13:51 | Report Abuse

QR几时会出

Posted by fengpinglangjin > 2021-04-15 14:23 | Report Abuse

In 2 wks.

zamry

173 posts

Posted by zamry > 2021-04-15 15:21 | Report Abuse

Secure your profit first... Later jump in again

cindywang

58 posts

Posted by cindywang > 2021-04-15 15:44 | Report Abuse

you means ucrest above 30c expensive buy cheaper keyasic ?

Posted by fengpinglangjin > 2021-04-15 16:34 | Report Abuse

tonite 8pm investor briefing...wat Mr EG will tell to fund manager .

GrtTrdr

132 posts

Posted by GrtTrdr > 2021-04-15 16:47 | Report Abuse

How is Keyasic related to Ucrest?

Vbslim

30 posts

Posted by Vbslim > 2021-04-15 17:02 | Report Abuse

8pm investors briefing. Confirm bo?

Posted by fengpinglangjin > 2021-04-15 17:08 | Report Abuse

https://www.facebook.com/watch/?v=373538853710582

tonite 8pm investor briefing

Vbslim

30 posts

Posted by Vbslim > 2021-04-15 17:20 | Report Abuse

Thank you

GrtTrdr

132 posts

Posted by GrtTrdr > 2021-04-15 17:38 | Report Abuse

I bot keyasic at .135. Eod. Dont no good buy or not?

kytan

2,865 posts

Posted by kytan > 2021-04-15 21:21 | Report Abuse

Super Black horse coming. Hold tight your share if u watch the youtube

kytan

2,865 posts

Posted by kytan > 2021-04-15 21:22 | Report Abuse

The MOU is effective deal.

Posted by Bull Trader09 > 2021-04-15 21:54 | Report Abuse

Mr Eg said the min expected profit per dose is $0.10 usd. 100M dose - 1B dose per year. Taking min PE 20x, the share price should be RM2.60++ !

Posted by MirrorKnight > 2021-04-15 22:06 | Report Abuse

Yes. That’s min share price for 100 mil doses per year.If successful to produce 1bil doses, can go up to rm26...

lms95555

25 posts

Posted by lms95555 > 2021-04-15 22:09 | Report Abuse

Don't up so fast pls want to collect more....

Posted by MirrorKnight > 2021-04-15 22:10 | Report Abuse

Can expect to see the sales revenue start to roll in from this deal in 3 months time

williamtkb

3,216 posts

Posted by williamtkb > 2021-04-15 22:13 | Report Abuse

Limit up tomorrow???

Tantoro

545 posts

Posted by Tantoro > 2021-04-15 22:19 | Report Abuse

@kytan dont mind share the youtube link? tq

kytan Super Black horse coming. Hold tight your share if u watch the youtube

thteh

106 posts

Posted by thteh > 2021-04-15 22:34 | Report Abuse

Anyone has link to Ucrest investor briefing tonight.

Posted by Bull Trader09 > 2021-04-15 22:41 | Report Abuse

Go to Facebook Page Ucrest. U will see the video recorded live just now

Posted by fengpinglangjin > 2021-04-16 06:53 | Report Abuse

No more reposted video.
U miss it then sorry.
Already give early notice many times.
Those who saw will buy tomolow.
Those who miss will continue to be skeptical .
See u at rm 3 in 3 to 6 mths time.
10 to 20 bagger for 2021.
Ucrest and keyasic super darkhorse.

mikey2k

20 posts

Posted by mikey2k > 2021-04-16 07:09 | Report Abuse

Yes. Those believe will laughing to the bank. The entry price is 30 sen with this huge profit, we are not buy at RM3.

mikey2k

20 posts

Posted by mikey2k > 2021-04-16 07:19 | Report Abuse

The profit will reflect in 1st quarter 2022

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