Reference is made to the Company’s announcement made on 12 August 2020 and the query letter of Bursa Securities dated 13 August 2020 pertaining to the Agreement.
The Board of TITIJAYA wishes to clarify that any importation and exportation of personal protective equipment (PPE) to and from Sinopharm Medical Equipment Quanzhou Co. Ltd. ("Sinopharm") shall meet all authority and license requirements.
As per the Strategic Collaboration Agreement between Sinopharm and TMSB dated 28 April 2020, each party shall comply to the requirements of each country.
According to DG and PM, Malaysia is eyeing to be the vaccine distribution hub for South East Asia, Titijaya will be the best candidate as Titijaya has the proper agreement (NOT MOU) with Sinopharm to develop business in the marketing and sales, trading and supply of medical and hospital equipment and products and medical industry related real estate....
The key words are “develop business in the marketing and sales, trading and supply of medical and hospital equipment and PRODUCTS and MEDICAL INDUSTRY RELATED REAL ESTATE.”
Don’t forget Titijaya’s partner is SINOPHARM, mega size state-owned pharma from China. Do you think Titijaya is interested to sell Sinopharm produced Panadol or medicine for Diarrhea in Malaysia? Hahaha
The answer is clear, we believe what Titijaya is interested in is Sinopharm Covid19 VACCINE, which is already in phase 3 and being tested at final stage in China, Middle East, Brazil, etc. But the key word ‘Covid19 Vaccine’ cannot be included in the agreement because the vaccine has not been final approved as we speak. Final approval will come matter of time.
. Currently Titijaya work closely with 3 China Mega Company
CREC - who currently is the main con for 3rdnveneu project in Jalan Ampang ( Behind Gleneagles Hospital )
If Sinopharm wanted to build the medical related product hub ( one of it is Vaccine ?). Most probably CREC or Sinomach will be appointed as main con.
Sinopharm & CREC can work closely ( i guess ) coz both should not have any communication problems in term of language and culture. Since both are China company
May be this is the main reason Sinopharm work with Titijaya coz he had many land bank ( in Klang ? ) and work with CREC currently for 2 project ( KL & Sabah )
Sharks already play this counter when agreements news came out last 3 weeks till got UMA. Have to wait for new news about their medical hub, then only goreng time.
If no lose money , better sell it and come back later .. this counter already goreng 1 time .. need to wait Q3 result just can fly up due to supply gloves & PPE test kit to China
i laughed because i cant believe it when other vaccine counters flying and titi still not moving.. im loaded titi since july ,, i wish titi fly too ...
Titijaya sure will fly, just matter of time. Now we just buy and hold and wait for the vaccines approval.
Likely very soon as what you hear from Sinopharm chairman and also our government intention to bring in the vaccines as soon as it receives green light from the authority.
Titijaya is the hidden vaccine GEM and it’s the only Real beneficiary with proper agreement.
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....
Cikam
1,720 posts
Posted by Cikam > 2020-08-26 08:19 | Report Abuse
Morning titians!!!