Relax. Hwgb will fly above RM1 along this week. Warren Buffett has said, "The stock market is a device for transferring money from the impatient to the patient."
I want to clarify — and the health minister is on my left — that the announcements made involving private companies and companies that are producing vaccines have nothing to do with the government procurements.
“Any (private) companies can negotiate with international companies, to be their agent or distributor but we cannot control if they want to strike commercial deals.
“But if they don’t get approval from clinical research Malaysia, they cannot conduct clinical trials here,” Khairy told the Dewan Rakyat today during his winding-up speech at the committee level.
He was responding to concerns raised by Parti Amanah Negara Kuala Selangor MP Datuk Seri Dzulkefly Ahmad and DAP Bandar Kuching MP Dr Kelvin Yii.
At the same time, Khairy said if private companies failed to get relevant approvals such as the National Pharmaceutical Regulatory Agency under the Health Ministry, they cannot bring Covid-19 vaccines into Malaysia.
“So I want to say this to market investors. The announcement made by these (private) companies does not mean that they have an allocation from the government.
“The government’s deal is only with Pfizer and Covax, and does not go through any third party or middleman,” he added.
He also dismissed claims made by Umno Gua Musang MP Tengku Razaleigh Hamzah, who said that the deal struck between pharmaceutical company Pfizer alone would cost RM2 billion.
“That statement is not true and baseless. I cannot reveal the price of the deal by non-disclosure agreement clauses.
“The deal we made with Pfizer and Covax is way within our reach of 70 per cent of the Malaysian population,” he said.
Earlier, Tengku Razaleigh had also questioned the 70 per cent reach, asking why the RM3 billion allocation could not cover all Malaysians.
Meanwhile, on a question raised by DAP Bakri MP Yeo Bee Yin regarding cabotage exemption on foreign vessels that carry out undersea cable maintenance, Khairy said the decision to withdraw the exemption was still being discussed in Cabinet.
“Regarding the exemption on cabotage, I have also raised what you have raised to the Cabinet and the Transport Ministry.
“The matter is still being discussed and a decision will be announced later,” he said.
Hwgb can distribute their vaccine to South East Asia with MOH APPROVAL.Already submitted the approval.Malaysia goverment does not allocate cash for local company only,doesnt mean they cant sell the vaccine in Malaysia private hospital and clinic.And sell in other country.Calm down lah,Bintai,solution and kanger,hwgb just like supermax,topglove and comfort,careplus.Bintai and solution also can sell in Malaysia and other country(same) with approval.Malaysia goverment didnt say not approve local joint venture company mah.Aiyooh
The Board of Directors (“Board”) of Ho Wah Genting Berhad (“HWGB” or the “Company”) is pleased to announce that its wholly-owned subsidiary, HWGB Biotech Sdn Bhd (formerly known as HWG Consortium Sdn Bhd) (“HWGB Biotech”) had today submitted a letter to the Ministry of Science, Technology and Innovation Malaysia (“MOSTI”) to seek the support from MOSTI on its research study and to explore potential collaboration on the distribution of the Covid-19 vaccine developed by E-Mo Biology Inc. (“EBI”) upon approval by US Food And Drug Administration being obtained.
Guys, I think it’s time to take profit off the tables from the so called vaccine goreng theme counters.
Time to revisit the real vaccine beneficiary, Titijaya.
Now you should know why Titijaya doesn’t announce its vaccine plans earlier. Because it’s pointless to announce those vaccine deals without proper approval from authorities.
Titijaya boss is smart. They will only announce its mega plan upon Sinopharm vaccine approval, which could be coming in a couple of weeks time, as reported by media in China.
Titijaya price is still very cheap and don’t miss the boat.
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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....
hanzo
72 posts
Posted by hanzo > 2020-12-07 15:48 | Report Abuse
So slow. When its gonna jump. Malaysia bursa is a joke. Wallstreet vaccine counter all up sky high meanwhile in Mapaysia?? Haha