UCREST BERHAD

KLSE (MYR): UCREST (0005)

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Last Price

0.12

Today's Change

0.00 (0.00%)

Day's Change

0.12 - 0.125

Trading Volume

4,908,500


15 people like this.

18,975 comment(s). Last comment by orbiter 2 weeks ago

iddcall1

43 posts

Posted by iddcall1 > 2021-05-20 16:52 | Report Abuse

如果你们这样的厉害看图,你已经是亿万富翁了

Sakuragi11

230 posts

Posted by Sakuragi11 > 2021-05-20 16:54 | Report Abuse

ok at least stay green....tomorrow will be deciding factor for TA....

rr88

6,532 posts

Posted by rr88 > 2021-05-20 16:54 | Report Abuse

Its official. 200 day mvg avg is at 1577. Todays close of 1575.32 below 200 day mvg avg. However skeptical you are at this juncture, everything will go down from here. Seen it before.

pang72

50,954 posts

Posted by pang72 > 2021-05-20 16:54 | Report Abuse

Go for holiday but with MCO lock down at home...

Listen to music.. Movie and exercise!!!

rr88

6,532 posts

Posted by rr88 > 2021-05-20 16:57 | Report Abuse

Hoi! Kena con pun still hegeh2 smiling. Aku berbuih mulut cakap that its a trap.

News was designed for operator who got stucked the past 2 days to escape. That is all there is to it.

iddcall1

43 posts

Posted by iddcall1 > 2021-05-20 17:00 | Report Abuse

下又怎样,难道你怕

bojed

5,064 posts

Posted by bojed > 2021-05-20 17:00 | Report Abuse

LOL!

Universe

529 posts

Posted by Universe > 2021-05-20 17:03 | Report Abuse

2 persons Samtang and Bulltrader525 created new accounts to show their hand! Congratulation to their minus gain.

Posted by Universe > May 20, 2021 11:18 AM | Report Abuse X

Who go and chase on the vague news and being fooled the 3rd time buy above 36 c?

Show your hand please.

hisehatu

2,250 posts

Posted by hisehatu > 2021-05-20 17:10 | Report Abuse

kahkahkahkah...tunggu esok sembelih kow2...

Posted by Frankie Tan > 2021-05-20 17:11 | Report Abuse

Good closing and be patient . Rome was not build in a day .

Posted by Frankie Tan > 2021-05-20 17:32 | Report Abuse

But i dun agree with you , i have confidence at this counter .

Posted by de_investor > 2021-05-20 17:42 | Report Abuse

sedania limit up today....mayb ucrest turn 2moro...hehee

Posted by de_investor > 2021-05-20 17:44 | Report Abuse

market start moving today.....limit up counter is a gud signal

Posted by Frankie Tan > 2021-05-20 17:53 | Report Abuse

de -investor , i am agreed with you .

Samtang

62 posts

Posted by Samtang > 2021-05-20 18:05 | Report Abuse

Universe created new account on 6/5/21 properly comment on ucrest share only(see your profile, no other share comment)
CAKAP ORANG LAIN PANDAI, TAK ADA MULUT CAKAP SENDIRI. Hahahaha...

20/05/2021 6:03 PM

nava_87

160 posts

Posted by nava_87 > 2021-05-20 18:30 | Report Abuse

1) The date of commencement of each Agreement.
The commencement date is 19 May 2021
2) Whether the Agreements are subject to renewal, and if yes, the details of such renewal.
The agreements are not subject to renewal
3) The value of the 312 million to 960 million doses of Sputnik V vaccines to be purchased by the
Russian Direct Investment Fund.
The value is yet to be determined
4) The name of the contract manufacturers.
The name of the contract manufacturers cannot be disclosed as it is strictly business and political
confidential
5) The total capital and investment outlay required to be committed by UCrest Berhad (“UCrest”)
in connection with the Agreements, the source(s) of funding and the breakdown thereof.
There is no capital and investment outlay required
6) The relevant regulatory approvals, permits and/or licenses required to be obtained by UCrest in
connection with the Agreements. 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, permit or license required from Malaysia authorities for UCrest to perform its
responsibilities

YabaYaba

53 posts

Posted by YabaYaba > 2021-05-20 18:39 | Report Abuse

See how confident Ucrest reply to Bursa... YabaYaba say buybuybuy!!!

nava_87

160 posts

Posted by nava_87 > 2021-05-20 18:41 | Report Abuse

4) The name of the contract manufacturers.
The name of the contract manufacturers cannot be disclosed as it is strictly business and political
confidential

joyvest

10,417 posts

Posted by joyvest > 2021-05-20 18:42 | Report Abuse

Bull shits

YabaYaba

53 posts

Posted by YabaYaba > 2021-05-20 18:45 | Report Abuse

In another word, international deal, So long account is audited, and tax is paid, stfu...

joyvest

10,417 posts

Posted by joyvest > 2021-05-20 18:45 | Report Abuse

Bull shits ..this is a public listing co.where is the corporate governance? Where are thd fiduciary duties and responsibilities of the directors of listed co?

YabaYaba

53 posts

Posted by YabaYaba > 2021-05-20 18:52 | Report Abuse

Dissapointment child, stop la..the human shit coming out from your mouth are the real bull shits. What will your parent's reaction if they see you talk like shit whole day in public after they send you to school all these year?

joyvest

10,417 posts

Posted by joyvest > 2021-05-20 18:58 | Report Abuse

No capital and investment outlay is required to be committed by UCrest Berhad as the company is responsible to outsource and manage production produced by 3rd party( contract manufacturer


No need to have the relevant regulatory approvals, permits and/or licenses required to be obtained by UCrest as RDIF is responsible to transfer technology and knowhow to the contract manufacturers for production.

The company is not involved in production snd marketing of vaccine.hence no relevant regulatory approvals, permits and/or licenses are required

Basically,ucrest is just a middleman ,not even considered as main con..

joyvest

10,417 posts

Posted by joyvest > 2021-05-20 19:00 | Report Abuse

Don't spit the shits out of your mouth. You look and sound shitty

M4CH3R13

68 posts

Posted by M4CH3R13 > 2021-05-20 19:04 | Report Abuse

joyvest No capital and investment outlay is required to be committed by UCrest Berhad as the company is responsible to outsource and manage production produced by 3rd party( contract manufacturer


No need to have the relevant regulatory approvals, permits and/or licenses required to be obtained by UCrest as RDIF is responsible to transfer technology and knowhow to the contract manufacturers for production.

The company is not involved in production snd marketing of vaccine.hence no relevant regulatory approvals, permits and/or licenses are required

Basically,ucrest is just a middleman ,not even considered as main con..
20/05/2021 6:58 PM


as long company make money then ok lorr..just chill joy

:3

Warzone

19 posts

Posted by Warzone > 2021-05-20 19:45 | Report Abuse

UCREST BERHAD (“UCREST” OR “THE COMPANY”)
- REPLY TO QUERY FROM BURSA MALAYSIA SECURITIES BERHAD (“BURSA SECURITIES”) DATED 20
MAY 2021 PERTAINING TO AGREEMENT WITH TWO CONTRACT MANUFACTURERS IN CHINA FOR PRODUCTION OF SPUTNIK V VACCINES (“AGREEMENTS”)
We refer to the announcement made by the Company dated 19 May 2021 (“Announcement”) and the query by Bursa Securities dated 20 May 2021 (IQL-20052021-00001) in relation to the AGREEMENTS (“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 date of commencement of each Agreement.
The commencement date is 19 May 2021
2) Whether the Agreements are subject to renewal, and if yes, the details of such renewal.
The agreements are not subject to renewal
3) The value of the 312 million to 960 million doses of Sputnik V vaccines to be purchased by the Russian Direct Investment Fund.
The value is yet to be determined
4) The name of the contract manufacturers.
The name of the contract manufacturers cannot be disclosed as it is strictly business and political confidential
5) The total capital and investment outlay required to be committed by UCrest Berhad (“UCrest”) in connection with the Agreements, the source(s) of funding and the breakdown thereof.
There is no capital and investment outlay required
6) The relevant regulatory approvals, permits and/or licenses required to be obtained by UCrest in connection with the Agreements. 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, permit or license required from Malaysia authorities for UCrest to perform its responsibilities

joyvest

10,417 posts

Posted by joyvest > 2021-05-20 20:01 | Report Abuse

The name of the contract manufacturers cannot be disclosed as it is strictly business and political confidential.

The above is Bull shits ..this is a public listing co.where is the corporate governance? Where are thd fiduciary duties and responsibilities of the directors of listed co?

Have they got sth to hide? Or the contract manufacturers are fictitious?

Really get on my nerve...

FutureGains

10,611 posts

Posted by FutureGains > 2021-05-20 20:05 | Report Abuse

Wow, i predict UMA....really comes....

I must said the company has the right to not to disclosed the name of manufacturer....but why so scared? business must be BRIGHT !

anyway ..ucrest still got potential to gap up...

joyvest

10,417 posts

Posted by joyvest > 2021-05-20 20:12 | Report Abuse

It is very silly of ucrest to make public announcement of non-disclosure of the contract manufacturers as a PLC and no sense of responsibility as directors in PLC.

In view of the lack of transparency, the contract manufacturers are perceived to be fictitious and non-existent.....

Great80

234 posts

Posted by Great80 > 2021-05-20 20:19 | Report Abuse

Hahaha....started lah joyvest n gang....ESOS phobia.....MOU phobia....now Ucrest already reply to bursa tat manufacturer cannt disclosed due to political confidential...now manufacturer phobia....i think while u r sleeping also u will keep on mention Ucrest...Ucrest...Ucrest...go n ask China Gov for more clarification...u n ur gang know everythg wat...

iPlay

1,812 posts

Posted by iPlay > 2021-05-20 20:27 | Report Abuse

Your biggest question is why did Ucrest got the job....instead of directly given to the Chinese.
Told you before but you refused to accept...

1. He has strong connections with Russia #2, or RDIF #1
2. He has strong connections with the Chinese.
3. Russians don't speak Chinese, Chinese don't speak Russian, He speaks, English, Chinese & Pусский and of course Bahasa Malaysia.....
4. RDIF was busy with the technical's aspect of the vaccine development. Out sourcing is the most efficient way ! This has to be done fast ! given that Sputnik V was developed relatively behind others.
5. ......#@*^ & ^%.$.......... u & me dun hv to know...


* Management fees/commissions of 20 cents per dose for RDIF is chicken feed, given that Ucrest do all the donkey job.
* Your assumption of 1/3 of the profits gone missing from the QR. Even if so... - 1/3 X 312M X $ 0.2 still big number left !

Low Risk, High Returns

Hazzyy

191 posts

Posted by Hazzyy > 2021-05-20 20:37 | Report Abuse

Why should a co announcement get to one’s nerves if one is not invested .
Have you taken your medicine. Relentless attack for what . Let go lah. If someone get conned , is their business. You want to be a savior like many here claimed go and do some charity . There are so many organizations need money and manpower . That will solve your depression

Hazzyy

191 posts

Posted by Hazzyy > 2021-05-20 20:50 | Report Abuse

Newly created Sherlock Holmes couldn’t find any conspiracy has tutup kedai. Next time he may appear as Hawaii Kopi O

joyvest

10,417 posts

Posted by joyvest > 2021-05-20 20:51 | Report Abuse

You are free to be conned and I am free to leave no stone unturned

Posted by Frankie Tan > 2021-05-20 21:01 | Report Abuse

Joyvest , you dun have any share of this company , why are you so busy non stop barking at here? Busybody .

joyvest

10,417 posts

Posted by joyvest > 2021-05-20 21:07 | Report Abuse

If you want to be Frank,you are called frankie otherwise called conkie...

DepecheM

810 posts

Posted by DepecheM > 2021-05-20 21:08 | Report Abuse

Very short and ambiguous replies.... salute

Vbslim

30 posts

Posted by Vbslim > 2021-05-20 21:08 | Report Abuse

I have a same thought as you frankie Tan

Armanhashim

1,558 posts

Posted by Armanhashim > 2021-05-20 21:20 | Report Abuse

So how ? Hoot or not hoot ?

bojed

5,064 posts

Posted by bojed > 2021-05-20 21:25 | Report Abuse

FutureGains: It's not UMA, it's a query from bursa. There's nothing about Ucrest today that warrants an UMA.

Anyways, it's a bit iffy Ucrest decided to keep mum on the name of the contract manufacturers as they deem it "strictly business and political confidential". Although it is entirely up to them to do so but this doesn't showcase transparency and confidence on their part.

Well, I guess we'll just have to wait and see how it will pan out in the future.

iPlay

1,812 posts

Posted by iPlay > 2021-05-20 21:31 | Report Abuse

Joyvest honestly I salute your persistency la.... make sure you invest .... so that your work on the researches are rewarded .... honestly you have given us a lot of information, but I don’t know whether have any relevance .. I kiv those info.. thanks

joyvest

10,417 posts

Posted by joyvest > 2021-05-20 21:55 | Report Abuse

If ucrest doesn't want to disclose who the contract manufacturers are,then I take them as tom ,dick and Harry.

They just simply find someone to sign the agreement. Since the final agreement with RDIF has yet to be signed,still at MOU stage, the co need not be accountable to RDIF.

It is very fishy to sign an agreement before a formal agreement with RDlF is signed

The more it goes, thd more fishy as it appears to be...

iPlay

1,812 posts

Posted by iPlay > 2021-05-20 22:06 | Report Abuse

Is just like any other items la. We bought an American oil pump, after unboxing, a small tiny word says “Made in Korea”.... no manufacturer’s information. Having American and international
Certifications!

Sputnik case could be the same la... I suggest you write to RDIF and enquire & share with us. Thanks

Posted by Frankie Tan > 2021-05-20 22:20 | Report Abuse

Still barking at here , muka tebal .

FutureGains

10,611 posts

Posted by FutureGains > 2021-05-20 22:24 | Report Abuse

iN bURSA...ANYTHING can happens,,,,,just ike dataprep..

so for ucrest,,,,it could be real ....

no problem , no name of the manufacturer....

joyvest

10,417 posts

Posted by joyvest > 2021-05-20 22:31 | Report Abuse

Its too real to be unreal.have you seen a street with no name? Even my dog has a name called " cock".

harry_7

467 posts

Posted by harry_7 > 2021-05-20 22:58 | Report Abuse

if i am the director also will not disclose the manufacturer, coz it may let others has chance to under cut the biz, this is very common in biz nature, if those not in biz they wouldnt know this policy. come on la... not bizman don't talk about biz here... pls

joyvest

10,417 posts

Posted by joyvest > 2021-05-20 23:05 | Report Abuse

WTH .agreement has been signed .undercut what ? undercut the balls of the directors? Both parties upon signing should respect the agreement. Otherwise, what's the use of agreement?

joyvest

10,417 posts

Posted by joyvest > 2021-05-20 23:10 | Report Abuse

If this is not a PLC,it might be excusable not to disclose.ucrest is a public listed co.how to earn the confidence of the public in general for lack of transparency?

They should have said announcement of the manufacturers will be made in due course....

Really fishy

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