HO WAH GENTING BHD

KLSE (MYR): HWGB (9601)

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Last Price

0.215

Today's Change

+0.005 (2.38%)

Day's Change

0.21 - 0.215

Trading Volume

75,200


10 people like this.

5,986 comment(s). Last comment by Mrhunter88 2024-07-16 09:54

Neozy

84 posts

Posted by Neozy > 2020-09-05 13:15 | Report Abuse

paperplane did u remove a message? i saw it that day u said u buy back ~ then it start to go down d the price. so are u losing money for that ?

Hunter8888

505 posts

Posted by Hunter8888 > 2020-09-05 13:35 | Report Abuse

i think papperplan(old man)jump off from the building.becouse i saw he massage buy back at high price.hope you don't have a heart attack ya.

Hunter8888

505 posts

Posted by Hunter8888 > 2020-09-05 13:39 | Report Abuse

papperplan i know you cut loss and try buy back at low price hahaha..

jameslym

35 posts

Posted by jameslym > 2020-09-05 14:20 | Report Abuse

hunter8888 we will follow u,look u know the news...

paperplane

21,667 posts

Posted by paperplane > 2020-09-05 20:40 | Report Abuse

Aiya. This stock my holdings all free liao. Why you all so sad. Buy at high price confirm. Haha

paperplane

21,667 posts

Posted by paperplane > 2020-09-05 20:41 | Report Abuse

Another 5% a day crash confirm coming all mkt. Good luck punting

Hunter8888

505 posts

Posted by Hunter8888 > 2020-09-06 11:04 | Report Abuse

hahaha....all free kah.....

Hunter8888

505 posts

Posted by Hunter8888 > 2020-09-07 08:47 | Report Abuse

free for small share...

Zuliana

5,395 posts

Posted by Zuliana > 2020-09-07 08:53 | Report Abuse

My Prayer for You
May God FILL Your
•FAMILY with unity and joy,
•FRIENDS with loyalty and trust,
•HEART with love and peace,
•SOUL with praise and thanksgiving.
•MIND with wisdom and discernment,
•BODY with vibrant health,
•DAYS with wonderful memories,
•LIFE with PURPOSE

Hunter8888

505 posts

Posted by Hunter8888 > 2020-09-07 09:04 | Report Abuse

don't trunt papperplan old man.alway liar.tell people sell.know today up kahkahkag.

vendy1

10 posts

Posted by vendy1 > 2020-09-07 09:29 | Report Abuse

Hunter8888, any good news can share? Thks

Zuliana

5,395 posts

Posted by Zuliana > 2020-09-07 15:53 | Report Abuse

Sitting on the wings of a butterfly... looking over the horizon.
Waiting for news to take action...
In the meantime, my butterfly gently glide with glee, manoeuvring this landscape full of plants and animals.

Zuliana

5,395 posts

Posted by Zuliana > 2020-09-07 15:56 | Report Abuse

Don’t run... just sit on the wing of the butterfly.

Zuliana

5,395 posts

Posted by Zuliana > 2020-09-07 18:17 | Report Abuse

Sitting on the wings of a butterfly...

Bomb collectors... hahaha

Boneka

284 posts

Posted by Boneka > 2020-09-07 19:25 | Report Abuse

Announcement
Description RESEARCH PROTOCOL ON THE EFFECTIVENESS OF ORAL POLIO VACCINE (OPV) AS A PREVENTIVE PROTECTION AGAINST THE SARS-COV-2 VIRUS
The Board of Directors of Ho Wah Genting Berhad wishes to announce that its wholly owned subsidiary, HWGB Biotech Sdn Bhd (Formerly known as HWG Consortium Sdn Bhd) (“HWGB Biotech”), had on 7 September 2020 submitted a research protocol (with Research ID 56372) to National Medical Research Register (“NMRR”) under The Ministry of Health, Malaysia (“MOH”) to evaluate the effectiveness of OPV as a preventive protection against the SARS-CoV-2 virus (“Research Protocol”). The Research Protocol will be fully funded by HWGB Biotech who will hold the full rights on the clinical trial and other related matters.

Please refer to the attach file for the details of the announcement.
This announcement is dated 7 September 2020.

Posted by JohnnyBravo69 > 2020-09-07 21:54 | Report Abuse

Limit up tomorrow

Zuliana

5,395 posts

Posted by Zuliana > 2020-09-07 22:45 | Report Abuse

I am bombs collector... OMG.

haziqhaha

36 posts

Posted by haziqhaha > 2020-09-07 23:23 | Report Abuse

Limit up tomorrow pls

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-09-08 07:08 | Report Abuse

Other than goreng, nta of 8 sen, past performance records, really no idea what competencies it has for vaccines.

HrryPttr

1,975 posts

Posted by HrryPttr > 2020-09-08 07:33 | Report Abuse

@Zuliana, what counters do u collect now?

mf

29,214 posts

Posted by mf > 2020-09-08 09:56 | Report Abuse

rebound

Zuliana

5,395 posts

Posted by Zuliana > 2020-09-08 14:47 | Report Abuse

COUNT OUR BLESSINGS
ONE BY ONE
Our FAMILY is our
true everlasting love.
Our FRIENDS are
precious jewels.
Our HEALTH is
our wealth.
Our EXISTENCE is
a priceless gift.
BE GRATEFUL AND NEVER FORGET
HOW BLESSED WE ARE

Posted by Lifeunlimited > 2020-09-08 18:15 | Report Abuse

Thought HW is involved in test kit for Sabah? Now that Sabah has high covid. Sale should be good

Legend

4,119 posts

Posted by Legend > 2020-09-08 22:01 | Report Abuse

Masuk longkang

Vanbasten

1,266 posts

Posted by Vanbasten > 2020-09-08 22:04 | Report Abuse

Run for shelter limit down

Vanbasten

1,266 posts

Posted by Vanbasten > 2020-09-08 22:04 | Report Abuse

huat ah

vendy1

10 posts

Posted by vendy1 > 2020-09-08 23:27 | Report Abuse

Don't worry will go back to original price 0.08

Posted by Jackthejeep > 2020-09-09 00:15 | Report Abuse

holland conman counter, release sohem news about polio can treat covid, Hellu pulis ada orang gila sini

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-09-09 07:09 | Report Abuse

Just ask a simple question, has it excel in any fields other than goreng?

SK1200

857 posts

Posted by SK1200 > 2020-09-09 09:19 | Report Abuse

Dont buy now..will further down..plenty retailer stuck..

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-09-09 12:17 | Report Abuse

LT=NTA. ST trading play. Nobody believe binapuri will fall from above $1 with high NTA then to current level of around 0.08.

Posted by prudentinvestor > 2020-09-09 12:36 | Report Abuse

Many punters have suffered heavy losses due to the sharp falls in speculative stocks. I offer my sympathy.

Syaipul81

24 posts

Posted by Syaipul81 > 2020-09-09 13:01 | Report Abuse

Cut loss, 54% loss, lucky i just by 10 lot, look likes vaccine stock lost steam.

Posted by ThousandWishes > 2020-09-09 13:11 | Report Abuse

This isn't a vaccine stock. On the contrary it's a conman's stock.

Despacito

393 posts

Posted by Despacito > 2020-09-09 14:25 | Report Abuse

Ini pasti stok vaksin Covid-19...kikiki
Kasi Limit-up!

Adam_BM

10 posts

Posted by Adam_BM > 2020-09-09 14:39 | Report Abuse

MEMORANDUM OF UNDERSTANDING ENTERED INTO BETWEEN HWGB BIOTECH SDN BHD AND XINKEXIAN (BEIJING) BIOTECHNOLOGY CO., LTD

Adam_BM

10 posts

Posted by Adam_BM > 2020-09-09 14:40 | Report Abuse

XINKEXIAN (BEIJING) BIOTECHNOLOGY - Real company - vaccine r&d and industrialization in china

Adam_BM

10 posts

Posted by Adam_BM > 2020-09-09 14:44 | Report Abuse

XINKEXIAN (BEIJING) BIOTECHNOLOGY
- Partnerships for Global Vaccine Development - Meningitis Vaccine Project (MVP) for Sub Saharan Africa
- Partnerships for Global Vaccine Development Rotavirus Vaccine

Posted by prudentinvestor > 2020-09-09 14:57 | Report Abuse

Investors should pay more attention to bottom lines rather than the memorandum of understanding. This is to avoid getting tricked and trapped.

stockgodE

46 posts

Posted by stockgodE > 2020-09-09 14:58 | Report Abuse

those who stuck high, bye bye, kena con by news XD

Spectre888

185 posts

Posted by Spectre888 > 2020-09-09 15:49 | Report Abuse

#Lifeunlimited, you were right. This announcement was made on 21/5/20;

https://m.malaysiastock.biz/Company-Announcement.aspx?id=1228612
OTHERS Approval for Ho Wah Genting Berhad ("HWGB") to bring in Covid-19 test kit to Sabah

The Board of Director of HWGB wishes to announce that the Company had on 21 May 2020 received a letter dated 20 March 2020 from Sabah Chief Minister’s Department informing that approval has been given to HWGB to bring in Covid-19 test kit to Sabah for the purpose of Covid-19 screening.

As at the date of the announcement, HWGB is the authorised distributor of Covid-19 diagnosis kit manufactured by Shanghai Liangrun Biomedicine Technology Co Ltd, Wuhan Easydiagnosis Biomedicine Co. Ltd. and Xiamen AmonMed Biotechnology Co. Ltd.

This announcement is dated 21 May 2020

paperplane

21,667 posts

Posted by paperplane > 2020-09-09 15:51 |

Post removed.Why?

Boneka

284 posts

Posted by Boneka > 2020-09-09 16:12 | Report Abuse

Over the course of the year, HWGB has made a slew of announcements following ventures into the Covid-19 related business that had been announced by the group earlier that range from test kits to clinical trials for vaccines.

1) In May, HWGB said its unit HWG Consortium Sdn Bhd (HWGC) had been appointed the authorised distributor of Shanghai Liangrun Biomedicine Technology Co Ltd for the distribution of its antibody IgM/IgG of novel coronavirus Covid-19 diagnostic kit in Malaysia for a validity period from May 15 to Dec 31.

It said HWGC had also submitted an application to the Ministry of Health (MoH) for the certification of the diagnostic kit, pending approval.

COMMENT - The duration needed to obtain MOH's approval for the test kits averaged about 3 to 4 months. The outcome should be known anytime now.

2) On June 3, the group’s unit HWGB Biotech Sdn Bhd received an authorisation letter from Sansure Biotech Inc to be Sansure’s general distributor to promote and publicise its Covid-19 nucleic acid detection kits and instruments in Malaysia.

3) On June 19, it entered into a product purchase agreement with Zhejiang Plame Medical Technology Co Ltd, a company duly authorised by Shanghai Liangrun to handle matters relating to its diagnostic kit in Malaysia.

4) On June 26, it said its unit HWGB Biotech had entered into a memorandum of understanding (MoU) with Gnosis Laboratories (M) Sdn Bhd.

5) These culminated in its latest filing last Thursday, when HWGB said HWGB Biotech had partnered with US-based E-MO Biology Inc (EBI) for HWGB to invest a sum of US$1 million (RM4.2 million) in EBI, entitling it to 40% of profit from the commercialised vaccine.

HWGB said it will have exclusive rights for the production, distribution and sale of the repurposed vaccine based on the polio vaccine for use in preventing Covid-19 infections in Southeast Asian countries.

“EBI on June 15 submitted the Initial Investigational New Drug application to the United States Food and Drug Administration to conduct phase IV clinical trials for a new indication which proposes the use of the existing poliomyelitis virus vaccine for prevention of Covid-19, which is currently pending approval;

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2020-09-09 17:35 | Report Abuse

TF AA said 2019 is the best year, results proved otherwise even without covid then. LOL.
As for this, really no idea who will choose to partner it and on what ground? Excellent performance in the past? Sound financial status? Strong networking with service providers and relevant authorities? Without other vaccines players in the country? Anyway, price may be pushed up by traders, LT negative at this price unless proven me wrong.

Posted by Batman_Return > 2020-09-09 22:48 | Report Abuse

the announcement release 12pm, price still down. Damn

Posted by Lifeunlimited > 2020-09-10 05:58 | Report Abuse

KUALA LUMPUR (Sept 9): Ho Wah Genting Bhd, which has jumped on the COVID-19 bandwagon, is considering appointing Xinkexian (Beijing) Biotechnology Co, Ltd (XKX) as its non-exclusive manufacturer to produce COVID-19 vaccines.

In a filing with Bursa Malaysia today, Ho Wah said its wholly-owned subsidiary HWGB Biotech Sdn Bhd has entered into a Memorandum of Understanding (MoU) with XKX for a possible partnership.

“The MoU aims to appoint XKX as a non-exclusive manufacturer to produce the vaccines upon successful completion of the research and development (R&D) of vaccines, immunological treatment and diagnostic product development in relation to the COVID-19 virus and upon approval from the US Food and Drug Administration,” said Ho Wah.

Based in Anhui province in China, XKX is principally engaged in the R&D of preventive vaccines for human use, manufacture, marketing and sales agent of preventive vaccine.

The group said the MoU is not expected to have any material effect on its earnings, net assets, gearing, share capital and substantial shareholders’ shareholding for the financial year ending Dec 31, 2020.

“Should the business materialise, it is expected to contribute positively to the future earnings of the group,” said Ho Wah.

Shares of Ho Wah Genting closed 9.5 sen or 11.45% lower at 73.5 sen today, valuing the group at RM383.79 million

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