Contract signed on 27-1-21 but announced yesterday.....insiders rammed from 9 cts to 11cts....KLSE should query this and reprimand and fine the directors...
Look into vaccine distribution ventures by non-healthcare firms, Pharmaniaga tells govt For the time being, these companies are not allowed to distribute the Covid-19 vaccine to the general public, “due to the government's planned vaccination programme, (which is) focused on general public usage.” KUALA LUMPUR (Feb 2): Pharmaniaga Bhd, which is set to supply the Sinovac Covid-19 vaccine to the government, wants the authorities to look into the move by a growing number of non-healthcare firms to diversify into the Covid-19 vaccine distribution business. “We want to avoid any confusion. Hence, we hope the government looks into this matter seriously, and we hope the public can get the right information," the group’s managing director Datuk Zulkarnain Md Eusop said in response to a question during a virtual media briefing today. Zulkarnain, however, noted that for the time being, these companies are not allowed to distribute the Covid-19 vaccine to the general public, “due to the government's planned vaccination programme, (which is) focused on general public usage”. Among non-healthcare firms that plan to distribute Covid-19 vaccines in anticipation of a high demand for the product are Solution Group Bhd, Bintai Kinden Corp Bhd, Ho Wah Genting Bhd, My EG Services Bhd, Yong Tai Bhd and Metronic Global Bhd. The government has denied allegations that ‘middlemen’ were involved in its Covid-19 vaccine procurement process. Science, Technology and Innovation Minister Khairy Jamaluddin had previously described the plans announced by the private companies as commercial deals that have nothing to do with the government. However, Khairy clarified that any local company is free to negotiate with international companies to be their agent or distributor of Covid-19 vaccines in Malaysia. "We cannot control if they want to make a commercial arrangements with other vaccine manufacturers from outside of Malaysia. But they must get the necessary approvals from Malaysia's regulators," he had said. The government has set a target of vaccinating 80% of Malaysia’s population of 32 million people by the first quarter of 2022, with the cost of procuring the Covid-19 vaccine estimated at RM3 billion. Putrajaya is reported to have secured the supply of Covid-19 vaccines for 40% of the population (12.8 million people) through joint agreements with pharmaceutical companies Pfizer and AstraZeneca, and through the World Health Organisation-backed Covax initiative. Additionally, Pharmaniaga and Duopharma Biotech Bhd signed agreements with the Ministry of Health last month for the procurement of Covid-19 vaccines. Pharmaniaga will be supplying 12 million doses of the Sinovac vaccine, while Duopharma Biotech will be supplying 6.4 million doses of the Russian-developed "Sputnik V" vaccine.
Tomorrow EGM, vote against the shady placement as there is rm69million Fixed Deposit in their account...forget about this COVID 19 business if the share price cannot break 11 cts...concentrate on the core business|\\
now n then all good news ,,,price down .. look at iris... same ...bag the contract then price... ist part of short sell?... got deals mean more busness,,, dont sell la
That announcement has no revenue attached to it... as good as nothing... never fall in n love in any one stock.... there's money to be made elsewhere...
Looks like the cronies & subscriber has bought nearly 80% of today volume at average 8.8 cts and will subscribe for the 30million PPs at 0.099 on Monday..and hopefully will pump and dump at above 10 cts ?
If they pump and dump now how about the remaining PP... sharks won’t want to collect the PP when exist shareholders are all having green and waiting to take profit
Really got those contra players intentionally to earn 0.005 profit? Once it hit 9cts, immediately sold all 8.5cts? As long as there are such players here , the price won't up to any high!
This counter is tricky counter, jus make fast money , this year 2021 will be trader to gain all your last year profit and your capital as well. You all becareful. Happy trading.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
shine49
49 posts
Posted by shine49 > 2021-02-03 11:41 | Report Abuse
contra player has to sell it.. because the price not fly up