Posted by Rushdi28 > 2020-08-06 18:38 | Report Abuse

@reidtee what is the meaning of the news?

Posted by heavenlarr > 2020-08-06 18:44 | Report Abuse

Right issue?

Posted by hkhk > 2020-08-06 18:46 | Report Abuse

asking money d

Posted by heavenlarr > 2020-08-06 18:47 | Report Abuse

Gg

Posted by Midnite > 2020-08-06 18:47 | Report Abuse

The Board views that there is a growing demand for COVID-19 testing kits in Malaysia given that
various economic sectors are gradually re-opening, and that mandatory health screening for
returning workers is required as part of the strict standard operating procedures enforced by the
Government in response to curb further pandemic. In particular, the Government had in May 2020
announced that foreign workers in all economic sectors must be subject to COVID-19 screening.
Hence, the Group intends to commence entry into the marketing and sales of COVID-19 RT PCR
Test Kit, which will in turn mark its foray into the Medical Equipment Trading business pursuant to
the Proposed Diversification. The COVID-19 RT PCR Test Kit is a rapid test kit designed for
detection of COVID-19 with short turnaround time of approximately 2 hours, and screens via swab
test, as compared to other test kits which focus on antibody and antigen testing.
The intended target market for the COVID-19 RT PCR Test Kit consists of private sector
corporations/ businesses with large workforce, private clinics, private laboratories and private
hospitals. To facilitate a more efficient and wider reach-out to its targeted customers, the Group
had on 10 July 2020 appointed Seremban Premier Pharmacy Sdn Bhd ("SPPSB") and Custom
Medz® ("CM") as the Group's distributors for the COVID-19 RT PCR Test Kit in Malaysia. Both
these distributors have prior engagements in distributing COVID-19 test kits in Malaysia and are
affiliated with clinics, hospitals and laboratories.

Posted by Midnite > 2020-08-06 18:47 | Report Abuse

Limit up la

Posted by Midnite > 2020-08-06 18:48 | Report Abuse

Free warrant sommore Lol

Posted by Midnite > 2020-08-06 18:49 | Report Abuse

Besides myeg this is one of the few that is entering covid test kid foray

Posted by Mashoh95 > 2020-08-06 18:58 | Report Abuse

They gonna start right issue?

Posted by Midnite > 2020-08-06 19:08 | Report Abuse

Haha this is the problem with retailers, not reading the details of annoucment. Simply see right issue heading only. They are doing it to go into covid kit testing

Posted by heavenlarr > 2020-08-06 19:08 | Report Abuse

Good news on the diversification on medical. Bad news on right issue. Not sure how it will impact the share tmr.

Posted by xiaozhai > 2020-08-06 20:35 | Report Abuse

How much per share need to pay ?

Posted by goodiewilly > 2020-08-06 20:59 | Report Abuse

The right issue price is likely to be at 0.06. Warrant conversion price be 0.10..free warrant with every 1 right takes up.
GG ???
The Management is dam good to catch investors mind as now XoX is in big run and high unrealised profit from its investment into XoX.
Sifus opinion please

Posted by thehunters > 2020-08-06 22:06 | Report Abuse

Damn will have to buy at limit up price tomorrow

Posted by pari57 > 2020-08-06 22:29 | Report Abuse

Apa nau lagi...untung xox sudah banyak, apa mau Right issue.

Posted by scenery > 2020-08-06 22:38 | Report Abuse

after RI shares issue is almost 2 bil, Kgroup will consolidate after RI, all will lose until pants drop. Later they will pump and dump until price drop back to before consolidate. their so called test kits will not work out, the company will continue lose money. The same things happen for years and years never change, the company is just like netx, printing money cheating public.

Posted by LuffyTaro > 2020-08-06 22:44 | Report Abuse

4.2. Proposed Diversification The Group has identified Medical Equipment Trading as a new business that provides an opportunity for growth potential and as such, the Group intends to venture into Medical Equipment Trading via the Proposed Diversification. or Through Medical Equipment Trading, the Group will diversify its products and services and sources of revenue to include marketing, distributing and trading medical equipment, which may include, amongst others, medical test kit, home health testing kit monitoring device, electromedical equipment, cardiovascular devices, orthopaedic devices, in vitro devices, diagnostic products, wound care management products, aesthetic equipment, personal protective equipment including medical face masks and gloves, and other medical instruments, apparatus and appliances. In the future, the Group anticipates that it may be able to leverage its existing IT Related Services business, specifically its cloud computing and big data technologies, to enhance and complement its Medical Equipment Trading by creating a digital platform for Medical Equipment Trading. The digital platform not only serves to widen the reach of its customer base through e-commerce channel for medical devices and equipment, but also captures and integrates data, facilitate the connectivity of medical devices and generates insights to improve medical devices, operational efficiency and healthcare outcomes. The integration of big data analytics in Medical Equipment Trading segment allows the Group to reap business synergy by potentially generating further business opportunities, whilst improving its business process and reducing system costs. For instance, the Group may be able to support the healthcare market by leveraging on its clinical data analytics (i.e. health records, sensor data and patient-provided data), or it may support the vendor/ device maker via the tracking of usage patterns or detection of issues to enable proactive maintenance and product innovation. In addition, following the COVID-19 outbreak and strict standard operating procedures enforced by the Government, there has been a growing demand for COVID-19 testing kits in Malaysia as a result of mass COVID-19 screening. In particular, the Government on 4 May 2020 had announced that foreign workers in all economic sectors were to be tested for COVID-19. Accordingly, the Board intends to market and sell COVID-19 RT PCR Test Kits in Malaysia to meet such growing demand and as an entry point into Medical Equipment Trading. Premised on the above, the Board anticipates that the Proposed Diversification provides an opportunity for the Group to grow its revenue and diversify its existing products and services offerings

Posted by Moneyteam > 2020-08-06 23:04 | Report Abuse

@Scenery i dont see in covid 19 this crisis ... how will selling pcr test kit wont work ... its not convincing the way u justify

Posted by Moneyteam > 2020-08-06 23:05 | Report Abuse

Now the demand of pcr test kit is keep increasing ... when there is demand who dont want to supply ... common sense everyone

Posted by goodiewilly > 2020-08-06 23:08 | Report Abuse

Seems like hopeless felllow trying to build up something to show people.
They just try to do a right thing, invest into xox..soon they will sell for quick moneys.
Hooeless until they real strong in marketing

Posted by thehunters > 2020-08-06 23:16 | Report Abuse

The rights issue is dirt cheap and almost giving out free money to investors... Where else can you find such deal. I hope I still have chance to buy before it flies

Posted by scenery > 2020-08-06 23:18 |

Post removed.Why?

Posted by BILLC > 2020-08-06 23:46 |

Post removed.Why?

Posted by yameyamo > 2020-08-07 00:50 | Report Abuse

ZZZZZZZzzzzzzz PLan to Medical equipment business................kinda late? fly we go

Posted by Lich > 2020-08-07 01:46 | Report Abuse

hoseh liao....sure goreng 99. Rights issue is not a problem if the money is mainly used for business expansion and not to pay debts. Also the management sure try goreng a bit la in order to be able to set the price higher. So why worry?!!! Krik Krik Krik.

Posted by DatukTing > 2020-08-07 04:20 | Report Abuse

KGROUP RIGHT ISSUE 0.06sen gone case.

Posted by Mashoh95 > 2020-08-07 11:26 | Report Abuse

Many sell volume today..the market doesn't seem to be happy about the RI

Posted by ray8793 > 2020-08-07 15:49 | Report Abuse

Chill, just wait and see

Posted by azta12 > 2020-08-07 15:50 | Report Abuse

add .. xox will lead the way

Posted by jinv9 > 2020-08-07 16:01 | Report Abuse

XOX is up 3 sen to 30 sen, and KGroup hasn't moved at 11.5

Posted by irve18 > 2020-08-07 16:54 | Report Abuse

Hi, newbie here, I was chasing the price when the price gap up on Tuesday, so bought at 0.14, then suddenly price down like crazy, until today is 0.115, should i hold this counter?

Posted by Steven1717 > 2020-08-07 16:58 | Report Abuse

if you BELIEVE THIS COUNTER THEN

Posted by MariYahiMariYaho > 2020-08-07 16:59 | Report Abuse

all in le

Posted by wjc4195 > 2020-08-07 17:08 | Report Abuse

irve18 Hi, newbie here, I was chasing the price when the price gap up on Tuesday, so bought at 0.14, then suddenly price down like crazy, until today is 0.115, should i hold this counter?

try average down
hold

Posted by fakhruz80 > 2020-08-07 17:50 | Report Abuse

irve 18. me same ep. i hold.

Posted by goodiewilly > 2020-08-07 20:45 | Report Abuse

I cut 80% of my position today, at 0.115. I believe its still good after annoucing the right issue price etc.
To buy back heavily again once settle down.
The unrealised gain from investment in XoX be more than RM110 million by seeing XoX surge daily.
The stupid management does stupid thing by announcing right issues to have minimal right subscribers for only RM5 million, whereby they spent millions to convert PA to Ordinary Shares and proudly announced they have 16.88%, the biggest shareholders in Xox..
Si beh du lan

Posted by 2323 > 2020-08-07 21:27 | Report Abuse

I think monday will.... 0.125 ...

Posted by goodiewilly > 2020-08-07 21:45 | Report Abuse

Everyone happy if goes up, especially those enters at 0.14..
But before right issue price is announced and impact reduced, it will not be heavily move..
If no right issue announcement, today it may hit 0.16 already..
Stupid owners

Posted by 2323 > 2020-08-07 22:04 | Report Abuse

Haizzzz....

Posted by abgbeca > 2020-08-07 22:54 | Report Abuse

please sell i want buy at cheap, Kgroup own shares in XOX and xox share go up? what next? think about it

Posted by Realfaker > 2020-08-07 23:11 | Report Abuse

So take up the right issue?

Posted by Mashoh95 > 2020-08-08 01:42 | Report Abuse

RI on proposal stage right? Hope truly fly before RI implementation

Posted by wjc4195 > 2020-08-08 02:38 | Report Abuse

stupid Mgmt and Board dont know how to play timing....MANGKUK

Posted by VerySmallFish > 2020-08-09 11:28 | Report Abuse

Yes really mangkuk

Posted by kedahman7968 > 2020-08-09 16:46 | Report Abuse

will kgroup follows xox up too ?

Posted by kimsean > 2020-08-09 23:04 | Report Abuse

Smart, that's what the management wanted, lower price then buy back as it knows market hates to cough out cash for stupid ri at this uncertain time.

Posted by azta12 > 2020-08-10 09:08 | Report Abuse

add

Posted by ikan_bilis2020 > 2020-08-10 10:40 | Report Abuse

Hold kawan2... Nak terbang dah ni

Posted by Mashoh95 > 2020-08-10 10:41 | Report Abuse

Terbang ke Holland ada tak?

Posted by wjc4195 > 2020-08-10 10:51 | Report Abuse

its time