if the vaccine is confirm... their glove will be fully book by china.. even lkl and notion don't have glove factory can get award on the glove... how about mahsing glove factory coming to operate at april..
GI healthcare { Tan Sri Leong } sponsored the 10,000 vaccine anti bodies doses for Malaysia. Truely well thought out plan by Tan Sri Leong. Syringe manufacturing { plastic division}, gloves { PPE }, vaccine { GI healthcare }, building construction { Mah sing}
Wah.. so smart this company.. vaccine + gloves.. hahaha.. 10000 doses sponsor to Gov.. sinopram expect to released their final test in early Dec... sure rocket after this.. modena and pfzer fully booked by US and EUROPE.. left China to distribute vaccine for ASIA...
People still confused between vaccine procurement, vaccine fill & finish, vaccine distribution , vaccine storage and vaccine sources. Need to do your homework
The Mah Sing that I know is coming back!!! Patiently, eagerly and confidently anticipating the next move forward. Miss the shooting star. Pls shoot again.
KUALA LUMPUR (Nov 17): China National Pharmaceutical Group (Sinopharm), through GI Healthcare Resources Sdn Bhd — a joint-venture company (JVCo) with local investors — has agreed to sponsor 10,000 doses of the former's Covid-19 vaccine for Malaysian frontliners
Meanwhile, GI Healthcare Resources was represented by Tan Sri Lim Yew Loong, Tan Sri Leong Hoy Kum, Sim Guan Yu and Rosli Dahlan as its advisers while Liu represented the firm in the video conference
So far the only... The one only JVCo to distribute vaccine for Malaysia frontliners is Mahsing related JVCo gl Healthcare with the promising Sinopharma vaccine...
This is official news withness by ministers... Llllll
As a businessman, nothing is free. I am sure tan sri gonna made profit on those free 10k vaccine by other way of it. Better through mah sing listed company instead of private company haha.
GI Healthcare is confirmed Sinopharma JVCo. It is confirmed related to Tan Sri Leong! What is the busibess partnership with mahsing will let Tan Sri to announce!!
Even vaccine yet approved by who, genting airasia share price already recover before real news exist. Buy before news and be patient like glove. Mah sing always secret play like they wan do glove last time. Only announced when everything ready
Mah Sing Group Bhd is set to commence glove production in April 2021.
In a statement today, Mah Sing said it has commenced additional piling works to accommodate 12 units of new, high-speed glove dipping machines at its glove manufacturing factory in Kapar, Klang, to meet its targeted production date.
It said the piling works are expected to be completed by November 2020, to be immediately followed by installation of the machinery.
These 12 production lines are Phase 1 of Mah Sing’s diversification into gloves and have a maximum production capacity of up to 3.68 billion pieces of gloves per annum.
Mah Sing founder and group managing director Tan Sri Leong Hoy Kum said similar to its property development’s fast turnaround business model, the firm is fast-tracking its diversification into gloves.
He said the factory has a suitable roof height to house mega machines.
“We have also secured supply of both nitrile-butadiene rubber and latex raw materials, and should be able to quickly meet [the] demand of our customers.
“We are targeting production by as early as April 2021,” said Leong.
Leong said Mah Sing’s glove business will be primarily be managed by a professional team with experience in glove manufacturing.
He said Mah Sing will be able to tap into the expertise and know-how of its regional plastics business in order to synergize with the gloves business.
TP of RM2.80 in April next year when production starts.
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....
Boringguy
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Posted by Boringguy > 2020-11-19 14:34 | Report Abuse
if the vaccine is confirm... their glove will be fully book by china..
even lkl and notion don't have glove factory can get award on the glove... how about mahsing glove factory coming to operate at april..