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Malaysia's Solution Group to supply 3.5 million doses of CanSino vaccine to government


By Reuters Staff
2 Min Read
FILE PHOTO: Woman holds vials labelled COVID-19 Coronavirus Vaccine over dry ice in this illustration taken, December 5, 2020. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo
KUALA LUMPUR (Reuters) - Malaysia’s Solution Group Bhd said on Thursday it has signed a term sheet agreement with the government to supply 3.5 million doses of COVID-19 vaccine jointly developed by China’s CanSino Biologics Inc and Beijing Institute of Biotechnology under the Academy of Military Medical Sciences.
The company, whose website shows it is an engineering as well as biopharmaceuticals business, said in a bourse filing that its wholly-owned unit Solution Biologics had signed the agreement on Jan. 29 with the Health Ministry. ....

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MyEG, Solarvest, Green Packet, GHL, Solution, Tropicana, Reservoir Link, CIMB and Ranhill


KUALA LUMPUR (Feb 4): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Friday, Feb 5) include: My EG Services Bhd (MyEG), Solarvest Holdings Bhd, Green Packet Bhd, GHL System Bhd, Solution Group Bhd, Tropicana Corp Bhd, Reservoir Link Energy Bhd, CIMB Group Holdings Bhd and Ranhill Utilities Bhd.
My EG Services Bhd (
MyEG) said it will introduce an at-home saliva-based Covid-19 testing service in the Philippines this month  the first of its kind in the Philippines market. The group called the Covid-19 test a safe, fast, convenient and non-invasive method that can greatly enhance accurate detection and subsequent early intervention. ....

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Malaysia's Solution Group to supply 3.5 million doses of CanSino vaccine to government | WKZO | Everything Kalamazoo


Kalamazoo, MI, USA / WKZO | Everything Kalamazoo | 590 AM · 106.9 FM
Feb 4, 2021 6:38 AM
KUALA LUMPUR (Reuters) - Malaysia s Solution Group Bhd said on Thursday it has signed a term sheet agreement with the government to supply 3.5 million doses of COVID-19 vaccine jointly developed by China s CanSino Biologics Inc and Beijing Institute of Biotechnology under the Academy of Military Medical Sciences.
The company, whose website shows it is an engineering as well as biopharmaceuticals business, said in a bourse filing that its wholly-owned unit Solution Biologics had signed the agreement on Jan. 29 with the Health Ministry.
The agreement will enable the subsidiary to enter into a definitive supply agreement to supply 3.5 million doses of the Recombinant Ad5-nCoV vaccine for the prevention of COVID-19, it said. ....

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Still some ways to go for Malaysian companies' vaccine distribution biz to take off


KUALA LUMPUR (Jan 12): Promising developments on the vaccine front have stirred investor interest in companies that venture into vaccine distribution, in hopes they will be in for bumper profits.
However, it is not clear at this juncture just how much or when these companies can cash in, given just the evaluation process alone for a vaccine to be approved for distribution and use in Malaysia will take five phases. The first phase alone which is the checking of the vaccine dossiers or research documents typically takes between 90 and 120 days, according to the Ministry of Health (MoH).
When contacted, property developer Yong Tai Bhd chief executive officer Datuk Wira Boo Kuang Loon said the company expects to bring its Chinese partner s vaccine into Malaysia by the third quarter of this year, at the earliest, on obtaining approval from the MoH s National Pharmaceutical Regulatory Agency (NPRA). Any vaccines or medicines to be imported into Malaysia for use here will req ....

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Penny Stock: A once-in-two-decade penny stock fever


IF 2020 is the year of rubber glove manufacturers and technology-related counters, penny stocks deserve at least a notable mention.
The penny stock fever on the local bourse has not been seen for at least 20 years since the dotcom bubble burst.
The eye-popping share price rally lured long-absent retail investors to the stock market and that, in turn, lifted the daily trading volume to a record high of 27.8 billion shares on Aug 11.
At the height of the penny stock fever in August, share prices hitting limit up were not a rare sight. On Aug 7, 12 stocks hit limit up, including HLT Global Bhd,  LKL International Bhd and ES Ceramics Technology Bhd. These three were below 20 at the start of 2020. ....

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