Titijaya Resources Sdn Bhd (TRSB) had inked the strategic collaboration agreement with Sinopharm Medical Equipment QuanZhou Co. Ltd (SMEQ), which is part of Sinopharm China National Medical Device Company, whose holding company is China National Pharmaceutical Group Corp (Sinopharm Group).
sinopharms at the moment is the most reliable vaccine available, they done more clinical trials on humans then other firms. now we just need to wait trial to be success and with the data , sinopharm most probably is the first vaccine WHO approve to use.
It’s strange that media doesn’t talk much about Titijaya Even the recent collaboration with Sinopharm and Rubberex, Rubberex is the headline instead of Titijaya haha
Seems that operator wanna collect more at lower levels, nvm we sama sama collect and sama sama Huat together when vaccine is approved and follow by its announcements!
Titijaya share price has the potential to be much higher level after Sinopharm vaccine receives final approval from the authorities and Titijaya could be its distributor for South East Asia market
Once the vaccine is approved, it could be officially included in the agreement between Titijaya and Sinopharm
Referring to the Titijaya announcement dated 12 Aug 2020
“ For avoidance of doubt, TRSB and SMEQ agreed to the terms that form the framework of the Strategic Collaboration Agreement I and shall enter into another complete documentation to set out the terms and conditions of the said collaboration. Similarly, TRSB and SINOMACH will enter into a definitive agreement to set out further terms and conditions in respect of their collaborations at a later stage. The details on the definitive agreements shall be announced by the Company upon the execution of these agreements.”
There will be extra announcements from Titijaya and Sinopharm once they finalise the details
The vaccines mentioned by Khairy are the ones by Sinopharm.
Titijaya has formal agreement with Sinopharm, once the vaccines are final approved. Titijaya as the partner of Sinopharm in Malaysia, according to the agreement, Titijaya has the right to distribute the medical product to Indonesia, Thailand, Singapore, Australia and Malaysia.
It's time for vaccine-related stock. More trials and vaccines to be surface soon. These waves of hope will definitely hit glove stocks badly. Buy and hold one before too late..
COLLABORATION AND DISTRIBUTION AGREEMENT BETWEEN TITIJAYA RESOURCES SDN. BHD. ("TRSB"), A WHOLLY OWNED SUBSIDIARY OF TITIJAYA, AND RUBBEREX CORPORATION (M) BERHAD ("RUBBEREX") TITIJAYA LAND BERHAD ("TITIJAYA" OR "COMPANY") COLLABORATION AND DISTRIBUTION AGREEMENT BETWEEN TRSB, A WHOLLY OWNED SUBSIDIARY OF TITIJAYA, AND RUBBEREX - REPLY TO QUERY FROM BURSA MALAYSIA SECURITIES BERHAD ("BURSA SECURITIES") DATED 13 AUGUST 2020
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....
salman
1,582 posts
Posted by salman > 2020-08-25 11:04 | Report Abuse
limit up for Titijaya