The good news is .... No matter budget down, goverment collapsed, meteor shower, earthquake le.....
Saudara (OKU_2020_FAKE ), now we are talking about share market wo.... Like this you also scare..... People like you, please la, play monopoly better la... Scare here, scare there, mengamuk ke sana, ke sini....
Ha... Ha... Ha... Like Maslan said... Saya pun binggung la... Saudara, please la... yiou laugh die me...
That why call u 8chicken.... got contract one.. u think new goverment not understanding meh... No need 1 - 3 sen la... give u free la... see you desperate wannna buy at 1 - 3 sen...
Jatuh standard awak ni,... Nasib baik saya tak kena awak...
NEXGRAM HOLDINGS BERHAD (“NEXGRAM” OR “COMPANY”) REPLY TO QUERY LETTER FROM BURSA MALAYSIA SECURITIES BERHAD DATED 14 DECEMBER 2020 (REF : IQL-14122020-00001) SUBJECT : OTHERS DESCRIPTION : NEXGRAM HOLDINGS BERHAD (“NEXGRAM” OR “THE COMPANY”) MASTER STRATEGIC JOINT VENTURE AGREEMENT BETWEEN VACCINES LAB SDN BHD (“VACCINESLAB”), A WHOLLY-OWNED SUBSIDIARY OF NEXGRAM HOLDINGS BERHAD, WITH RAFARMA PHARMACEUTICALS INC. (“RAFARMA”) The Company’s announcement dated 10 December 2020 (“Announcement”) and the query letter from Bursa Malaysia Securities Berhad dated 14 December 2020 (Ref : IQL-14122020- 00001) in relation to the Master Strategic Joint Venture Agreement (“Agreement”) refer. Unless otherwise stated, the terms used in this announcement shall have the same meaning as defined in the Announcement. The Board of Directors of Nexgram wishes to announce the following additional information as required in Query: 1. The proposed principal activities of the joint venture company (“JVC”) The principal activities of the JVC are sourcing and distributing of vaccines to ASEAN markets, with option to build up vaccine manufacturing plant in Indonesia. 2. The capital and investment outlay by VaccinesLab in the JVC, its sources of funding and the breakdown. The joint venture plant would cost approximately USD250 million for phase 1, and in principle is fully funded by major shareholder Rafarma and its group of investors to be identified. Details of pre-operation cost is currently under negotiation. 3. The relevant regulatory approvals required to be obtained by the JVC before it can commence its operations. The main law providing for manufacturing, licensing and sale of pharmaceutical products is the Regulation No. 1010/XI/2008 on Registration of Medicines issued by the Ministry of Health of Indonesia. All activities of pharmaceutical companies registered in Indonesia are supervised by the Food and Medicine Supervisory Board (“BPOM”). The Group through subsidiary PT NDS Global Teknologi in Indonesia shall engage professional specialise in feasibility study and registration studies with BPOM. 4. The equity interest to be subscribed by VaccineLabs in the JVC. Except Group existing operation cost (Opex), the Group shall allocate approximately USD1 million and pre-operation cost for feasibility study and registration through internal generated fund. Capital Expenditure (Capex) is as per Q2 above, currently under negotiation. 5. Please provide further information on RAFARMA including the shareholders, board of directors, senior management and listing status (if RAFARMA is listed). The main shareholder is IIya Shpurov who holds 91.3% of RAFARMA. The board of directors are:- i. Ilya Shpurov; ii. Srecko Bojt; and iii. Vladimir G. Dolgolenko (who is also the CEO of RAFARMA). 6. Pertaining to the Parties’ desire to develop and conduct the Clinical Trial and invest in the Vaccine Plant, please clarify how does RAFARMA intend to strive for access to the Covid-19 vaccines for use/test/distribution, i.e. whether RAFARMA intends to source for the said vaccines or intends to develop the said vaccines. To also clarify the current stage of acquisition/development of the Covid-19 vaccines. According to RAFARMA, they are working with one of a Russian national pharmaceutical pioneer established since 1959 with strong research and development team for vaccine research and development in the long-term; where as its existing network with Russian government and European pharmaceutical companies in terms of sourcing, distribution and conduct clinical trial for established vaccines in the shortterm. Details of the plan are currently under discussion between RAFARMA and VaccinesLab advisors. 7. Please clarify what are the expected or agreed milestones with regard to Clinical Trial and Vaccine Plant. Disclosable long-term milestones are as per Q6 above. Currently the companies had formed regular studies and evaluation discussions team between RAFARMA and VaccinesLab advisors on WHO’s listed Covid-19 vaccine clinical trial results especially in terms of safety and efficacy, as well as comparing the research with Russian vaccines currently under various stages of studies, including phase 1 to 3 clinical trials. The team shall propose to VaccinesLab the relevant vaccines deem suitable for ASEAN market in line with WHO updates and standards. 8. Please clarify the source of funding and/or arrangement through which RAFARMA intends to secure the USD1 billion investment. The joint venture plant in principle is fully funded by major shareholder RAFARMA and its group of investors to be identified. Details of the funding structure is currently under midst of discussion.
Too many quiries from authority/ Bursa means suspicious ...NO good actually. Smell A Rat ( English Idiom for something is wrong ).
Be Careful with this Cap Ayam Nexgram....as .many edi trapped liao , no way out. Smell further Bad Quarter result to be out next 2:weeks...Be Prepared !
if UMA ( Unusual Market Activity ) is OK -Fine ... but now it is Very Serious Queries from Authority @Bursa....
Many don't realize this Cap Ayam Nexgram Clinically is already GN3 ( PN17).... NOTE 17 / GUIDANCE NOTE 3 PRACTICE NOTE 17 / GUIDANCE NOTE 3 NEXGRAM HOLDINGS BERHAD ("NEXGRAM" OR "COMPANY")BURSA MALAYSIA
NEXT ? ..Can't rule out this >> .very afraid liao to say this >> Deli****
KUALA LUMPUR: The Dewan Rakyat has passed Budget 2021 despite two attempts for bloc voting called by Opposition lawmakers.
Opposition MPs called for bloc voting at the committee stage and after the third reading for Budget 2021, with 111 MPs voting aye and 108 nay in both instances. Only one MP was absent from voting.
The bloc vote was called by Datuk Mahfuz Omar (PH-Pokok Sena) after Finance Minister Tengku Datuk Seri Tengku Zafrul Abdul Aziz gave a third reading on Budget 2021 in Parliament on Tuesday (Dec 15).
Budget 2021, at RM322.5bil, is the largest budget in Malaysian history.
FM: Kerajaan Tiada Rancangan Perkenal Semula, Cukai Barang Dan Perkhidmatan (GST) (News)
Kerajaan tiada sebarang keputusan yang akan diambil berkenaan kemungkinan pelaksanaan semula Cukai Barang dan Perkhidmatan (GST) dalam keadaan pandemik COVID-19 dan sehingga keadaan ekonomi pulih.
Menteri Kewangan, Tengku Datuk Seri Zafrul Abdul Aziz, berkata keutamaan pada masa ini adalah menyokong usaha memerangi penularan COVID-19, melindungi rakyat dan menyokong perniagaan.
Bagaimanapun beliau berkata, kerajaan sedang menjalankan kajian dan mendapatkan pandangan serta maklum balas pelbagai pihak berkepentingan mengenai kesesuaian untuk melaksanakan apa-apa model cukai kepenggunaan dengan mengambil kira semua aspek termasuk kelemahan sistem cukai jualan dan cukai perkhidmatan sekarang, serta kelemahan sistem GST terdahulu.
"Kajian ini akan meliputi kesan ke atas ekonomi, kos sara hidup, kesan cukai ke atas harga barang serta keupayaan menangani kegiatan ekonomi gelap.
"Sebarang sistem cukai, sama ada ditambah baik atau baharu, perlu bersifat mudah ditadbir dan tidak meningkatkan kos perniagaan di samping dapat mengukuhkan kedudukan fiskal negara," katanya dalam jawapan bertulis di Dewan Rakyat hari ini,
Beliau berkata demikian bagi menjawab pertanyaan Ling Chai Yew (PH-DAP) sama ada kerajaan mempunyai rancangan untuk mengembalikan sistem cukai GST serta kesannya ke atas rakyat berpendapatan rendah dan impak terhadap ekonomi negara.
Only 420 deaths from Jan to Dec. Flu itself kills over 10k per year in Malaysia. Means actually covid is just like a mild flu.
You see there are 86k cases of confirm covid in Malaysia. Pretty sure the hidden and asymptomatic cases are at least 10x more. So fatality rate is under 0.1% in Malaysia. So low, like flu.
You are stupid if you still think that covid is very dangerous....it's just a normal flu-like virus.
Pavilion Group surprised by better-than-expected response from buyers
DAMANSARA Heights or Bukit Damansara, an exclusive and affluent neighbourhood in Kuala Lumpur, looks set to level up its appeal as being “the place” to work and live in Malaysia with the upcoming Pavilion Damansara Heights development.
At a time when developers are scaling back their projects and offering more affordable range homes, the Pavilion Group, in collaboration with the Canada Pension Plan Investment Board (CPPIB), is bucking the trend with the mixed integrated development – which has been wooing affluent buyers and investors alike.
Slowdown or not, the key to success in the property market is to be able to offer customers what they want, says 1Pavilion Property Consultancy Sdn Bhd sales and marketing director Datuk Tracey Lai.
“The vision for Pavilion Damansara Heights was that Damansara Heights is ‘the address’ and there have not been many developments in this location. This is because there’s very limited landbank in the area,” she tells StarBizWeek.
Lai says a unique selling point of the project is that it faces the Sprint highway and sits between two MRT stations.
“So we have a very strong basic foundation for the project. We already have the connectivity – it’s two stops from KL Sentral. It’s unique and I don’t think there will be another similar kind of development coming up anywhere near it with this kind of size.”
The 16-acre Pavilion Damansara Heights project, which will have a gross development value of RM9bil, will have a total of 10 office blocks, of which eight are en bloc sales, and two on strata basis. Seven of the en bloc sales have already been formally acquired.
“These are boutique blocks. The planning is that offices are part of the support element. For en bloc buyers, they get full visibility. Because of its unique position, it is advertising itself as they can be seen and they are also accessible. So these have been key selling points for the corporate towers.”
In recent years, the local office property market, especially within the Klang Valley, has been experiencing a glut.
According to the National Property Information Centre’s property market report last year, Kuala Lumpur office building completions stood at 320,643 sq m, but the take-up rate was only 24,646 sq m.
Pavilion Damansara Heights will have about 1.5 million sq ft of office space, a third of which will be in the last and highest block. All eight blocks will be acquired by corporate companies or corporate figures. The smallest is an 11-storey block with a net lettable area of 75,000 sq ft.
The development is part of the larger Pusat Bandar Damansara, which has a 46-acre foot print which the Pavilion Group shares with a couple of other developers.
Lai says an added appeal to the corporate towers within Pavilion Damansara Heights is that the buildings are designed for BCA Green Mark accreditation. This is a green building rating system that evaluates a building for its environmental impact and performance.
The rating provides a comprehensive framework to promote sustainable design, construction and operations practices in buildings, says Lai,
“The buildings are also designed for MSC status. With this (BCA and MSC) dual compliance, rental yield and appreciation is generally higher. This is however only achievable for newer built projects,” she says.
Lai says the integrated development, which would also feature a retail component, will be complemented by the offices.
The Pavilion Damansara Heights development will also have about 1,300 residential units, with sizes ranging from 600 sq ft to 2,800 sq ft.
Lai says the interest so far for its residential blocks has been in the larger units, which again bucks the trend because other developers have reported interest in smaller units of about 1,000 sq ft and below.
“By the end of 2017, we will be launching two of the residential towers consisting of 746 units. We anticipate at least 85% take-up rate by the end of the year. We project the first to sell will be the bigger units as we see many people moving out from their bungalows.”
Prices average RM1,800 per sq ft and close to 2,500 have registered their interest, says Lai.
“The best thing to invest in currently is property. With the depreciation of the ringgit, it’s expensive to purchase overseas. So buying locally is the best option right now.
“And Pusat Bandar Damansara is the perfect fit. I don’t think you’ll find anything quite like it now.”
On October 19, 2020, the merger of Biocogency into Rafarma was announced and went unnoticed. Although important metrics to determine share valuations have soared as a result of the merger, the share price has not yet caught up reflecting the new increased valuations simply because nobody knows about it yet. As word is likely to spread soon, the share price could begin climbing to more fair and reasonable market valuations, as compared to more well known peers.
Who is Rafarma Pharmaceuticals?
Rafarma Pharmaceuticals, Inc., a multi-product pharmaceutical company, produces and sells cannabis health-related products and specialty pharmaceuticals. The company, formerly known as Johnston Acquisition Corp. changed its name to Rafarma Pharmaceuticals, Inc. and is based in Sandy, Utah with a manufacturing and distribution facility in Russia.
Meet Biocogency
Biocogency owns PJSC "Krasfarma", the largest Russian chemical and pharmaceutical production company with more than 50 years of experience in the production of drugs that meet all national and international quality standards. The company helps meet the growing needs of health care for high-quality, effective and safe generic pharmaceuticals as well as development and production of innovative pharmaceutical products. Production systems with a strong emphasis on safety are carried out through a coordinated interaction of their quality control department, commercial department, logistics service, and scientific information department and pharmacovigilance services.
A rich history is not the most important thing in the modern pharmaceutical industry. To keep the quality of products on a permanently high level, a program of production modernization is being realized: investments in the company include new industrial lines, engineering systems and control systems, as well as new pharmaceutical products. Safe and effective generic medicines of PJSC Kraspharma, which are not inferior in clinical efficacy to the original, but sold at affordable prices, have won the trust of both doctors and patients.
Most of the drugs produced are included in Vital and Essential Drugs List (VED) approved by the government of the Russian Federation and sold through multiple international markets.
What Biocogency Adds to Rafarma
This transformative merger starts by restating Rafarma 2019 sales from $11.4 million to $84 million and delivers impressive growth rates of close to 50%.
The Biocogency group includes Russia-based drug companies Bebig and PJSC Kraspharma and industrial firm Slavich. Bebig is focused on developing therapies and diagnostics for cancer care in the Russian markets, including supplying microsources for the treatment of prostate cancer using low-dose brachytherapy. Kraspharma, Russia’s largest chemical and pharmaceutical production company (and crown jewel of the merger), and Slavich, a manufacturer of products for medical equipment and packaging for medical and pharmaceutical products, are both steeped in corporate history going back half a century or more in Russia.
Biocogency also brings leadership committed to growing value as measured by the fact the deal was structured to be non-dilutive to existing RAFA shareholders. To that point, Ilia Shpurov has assumed the position of Chairman of the Board, bringing decades of entrepreneurial – and biotech – success to RAFA.
What’s in it for RAFA? An Immediate Spike in Revenue and Profits
The merger with Biocogency is a game changer for RAFA operations and the top and bottom lines. Consider that in 2019, RAFA generated revenue of approximately $11.4 million and gross profit of $3.4 million. In the latest quarter, ended July 31, 2020, Rafarma reported revenue of $5.3 million and gross profit of $3.1 million, according to filings with OTC Markets Group.
Those results are going to get an immediate shot of adrenaline
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....
OKU_2220
212 posts
Posted by OKU_2220 > 2020-12-15 09:19 | Report Abuse
OKU_2220_GOOD_NEWS
The good news is ....
No matter budget down, goverment collapsed, meteor shower, earthquake le.....
Saudara (OKU_2020_FAKE ), now we are talking about share market wo....
Like this you also scare.....
People like you, please la, play monopoly better la...
Scare here, scare there, mengamuk ke sana, ke sini....
Ha... Ha... Ha...
Like Maslan said... Saya pun binggung la...
Saudara, please la... yiou laugh die me...
Haiz..... lagi saya kesian awak...
Nexgram boleh