KUALA LUMPUR (Oct 21): My EG Services Bhd (MyEG) said its COVID-19 platform can be used to organise subsidised COVID-19 screenings for workers in areas currently under the Conditional Movement Control Order (CMCO).
In a statement, the group said that employers can verify the eligibility of their workforce for Social Security Organisation (Socso) coverage, after which they can arrange for their eligible employees to be tested without any upfront payment.
The e-government service provider said it will directly liaise with Socso on the subsidies for the screening costs.
On-site testing at business premises by trained medical staff is also available, the group said.
Once the screening has been completed, employees will be issued with a digital certificate by MyEG in the form of a dynamic QR colour code on a mobile app, which would indicate the test results for verification purposes.
“As part of a collaboration between the Department of Labour of Peninsular Malaysia and MyEG that commenced in August, the QR-based digital certificate is recognised by the department as proof of testing.
“Under the collaboration, MyEG will also share with the department other relevant real-time data from the one-stop portal to assist the Department in its monitoring and enforcement of employers' compliance with the government’s directives,” added MyEG.
On Monday, Senior Minister (Security Cluster) Datuk Seri Ismail Sabri Yaakob announced that the National Security Council has instructed managerial and supervisory-level employees in areas placed under the CMO to work from home staring tomorrow until the CMCO expires.
Following the announcement, the Human Resource Ministry said Socso contributors in CMO areas can go for free COVID-19 screening.
"Shares in MyEG finished 0.71% or a sen higher at RM1.42, valuing the group at RM5.1 billion. The counter saw 20.37 million shares traded.
any share can make it big. sometimes long shots can happen
even if probability is 1 in 100 million, it can still happen. You see people win 20 million in Sports Toto rite? just that it does not happen to you, that's all.
:)
make your own decisions, if in doubt dun buy. your subconscious can process data that you are not aware of.
Posted by NPRA1985 > Oct 21, 2020 11:01 PM | Report Abuse
@i3lurker Okay thanks for the warning. I better not enter then.
MS is well known in ppty market but is a newbie in glove industry. Rome is not built in one day....how ms is to build it in one or two years remains to be seen........meanwhile, the heat of goreng is ongoing.....
Posted by wongkl0307 > Oct 21, 2020 11:59 PM | Report Abuse
8:48 p.m. Brazilian President Jair Bolsonaro says on Facebook that his government will not buy China's Sinovac vaccine, after the health minister said on Tuesday it would be included in the nation's immunization program.
I believe their experience and expertise in plastics manufacturing counts for something, and gives it an advantage when it comes to diversifying into gloves production. Heavy machinery, precision engineering, special equipments, production lines, quality control, supplier management, inventory support, factory management, certifications, distribution, the works..
many had made the money, smartly sold, worry some are trapped, so advice to be cautious. but was called as idiot, yes, they are idiot, but smartly took the profit. in share market , no smart buyer, only smart seller.
sunnyleong buy car, then house, then eat abalone and he wants you all to eat his shit. good try sunny. you hope MS will go back to 70 sen, then your syndicate will buy again. I too will buy at 40 or 50 sen...but the momentum uptrend will be unstoppable. RM2+
To those keep said bad thing on Mahsing they can move to another counter.... those positive view on the mahsing, actually most of them buy at lower price...
myself buy in 0.65 and sell off 0.75...lucky my source quickly call me and informed me. management to enter back at 0.735... my source told me keep it until next year April 2021 only decide... because information from my source mahsing act very fast and now their team concurrent process include applied certificate and appoint agency for export permit to euro and US market.
Raw material and machine already confirmed and ready, about the worker they will leverage on they plastic company plus new hiring... the design for the glove factory is completed before raise sukuk and factory will be more on automation and work force will be reduce.
all concern mentioned by negative view person, they already factor in and they gather all the information during May 2020 and do brainstorming before move in glove segment.
Don't forget, they are doing property segment, timeline and raw material they need to plan in advance before start a project. they do have plastic segment which they can leverage their existing supplier to get raw material.. with 40 years business and relationship you think is difficult for mahsing??
gloves factory start operate 2021 if everything goes well,.. how long to profit in competative market,.. will have glut if Covid 19 under control or vaccine out by then..
Mah Sing - Venturing Into Rubber Glove Manufacturing Business Source : AmInvest, Price Call : BUY, Price Target : 1.50 Last Price : 1.13, Upside/Downside : +0.37(32.74%) 22/10/2020 9:07 AM
Yongyong thanks for sharing though it doesn't seem like you're invested in gloves anyway, and all those concerns you listed apply equally to the other rubber gloves n ppe counters.
I am not what u said Happystar. I am just an experienced trader. When u start trading? I started trading at age 15. See what I stated previously. All kena tepat tepat. Today too.
Mah Sing - Venturing Into Rubber Glove Manufacturing Business Source : AmInvest, Price Call : BUY, Price Target : 1.50 Last Price : 1.13, Upside/Downside : +0.37(32.74%) 22/10/2020 9:07 AM
yongyong88 gloves factory start operate 2021 if everything goes well,.. how long to profit in competative market,.. will have glut if Covid 19 under control or vaccine out by then.. 22/10/2020 8:59 AM
@yongyong88
i agree with you. so you pls wait until gloves out, covid still around, Mahsing making profit only you buy ok. that time i happily sell to you.
Actually with mahsing financial they can just acquire glove company to move into glove segment. but what mahsing boss view, if they want do they want do it their own instead buy a glove company.
reason: 1. most of the glove machine are old not automatic still highly depend on the worker. 2. hidden cost on the machine repair and previous reputation. 3. owner selling their factory price will future asp price without different source income if demand slow down. 4. cost control and quality control.
nobody can foresee future demand as for current ordered and demand will last until early 2022. mahsing move into glove segment with planning phase by phase.. if really demand slow down, they only maintain 12 production compare with you acquire a company you need maintain entire factory, cost, old production line and headcount.
Yippy most traders understand the need to be cautious. Some are admittedly reckless and chase in at a high. There could be worse places to be stuck besides a glove counter that will be starting production early possibly in a few months. Some investors have been stuck for years elsewhere with no end in sight. Similarly longer term investors or ppl who see trading opportunities here in the short term may think you're silly and shortsighted for exiting so soon. To each his own.
sunnyleong I am not what u said Happystar. I am just an experienced trader. When u start trading? I started trading at age 15. See what I stated previously. All kena tepat tepat. Today too. 22/10/2020 9:27 AM
the more experience you are, the less likely we should believe you. look around, there is one with most experience "uncle", one day call Supermx a lame duck, the following week say it has the best growth.
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Selina888
306 posts
Posted by Selina888 > 2020-10-21 21:48 | Report Abuse
This is for real..............fast tracking with professionals..............