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Tropicana pledges support for vaccination programme


Tropicana pledges support for vaccination programme
01 Jul 2021 / 10:41 H.
Tropicana Gardens Mall serves as one of the largest PPV venues for Selvax. Datuk Seri Amirudin Shari visiting the centre to show his support.
PETALING JAYA: In its aim to help flatten the Covid-19 curve, property developer Tropicana Corporation Bhd has pledged its support for the government’s efforts to make the National Covid-19 Immunisation Programme a success.
From today, Tropicana Gardens Mall Convention Centre at Kota Damansara will be one of the five large vaccination centres (PPV) to host the Program Vaksin Selangor (Selvax).
Selvax is a support measure to National Covid-19 Immunisation Programme (PICK) and will be jointly operated by Selgate Healthcare, a subsidiary of the Selangor state government, and ProtectHealth, a non-profit subsidiary of the Ministry of Health (MOH). ....

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After PPE foray, Mango brand retailer Jerasia looks to raise RM261m for glove business


KUALA LUMPUR (Jan 29): Apparel manufacturer and fashion retailer Jerasia Capital Bhd plans to raise up to RM261.3 million by way of a rights issue with free warrants, as part of its efforts to venture into glove manufacturing.  
Jerasia, which operates Mango retail outlets in Malaysia, said it plans to install up to 10 glove dipping lines in stages over the course of 12 months to manufacture latex and nitrile gloves. These 10 lines are expected to yield a production capacity of 8.4 million pieces of gloves per day. 
The estimated capital expenditure required to construct and commission all 10 glove dipping lines, as well as its related facilities, is RM146.0 million, the group said in a statement today. ....

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Jerasia Capital plans private placement, rights issue with warrants for glove-making venture


29 Jan 2021 / 19:07 H.
PETALING JAYA: Jerasia Capital Bhd has proposed to further expand into personal protection equipment (PPE) with the manufacturing and trading of gloves and will undertake a private placement and rights issue with warrants to fund the venture.
Its group managing director Pronob Sen Gupta opined that the expansion will provide synergy as it had expanded its product portfolio to develop, produce and supply PPE on July 3, 2020.
Jerasia and its subsidiaries are principally involved in wholesaling, retailing and manufacturing and exporting of fashion apparels and accessories.
The Covid-19 pandemic has boosted the demand for gloves; while on the other hand, Jerasia;s fashion apparels and accessories business had been affected by the movement control order (MCO). ....

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Bintai Kinden's partner files trademark for Covid-19 vaccine


’s partner Generex Biotechnology Corporation has filed for a trademark for its li-Key vaccine and patent for its Ii-Key-SARS-CoV-2 vaccine.
In a statement issued on Thursday, Bintai Kinden said the Ii-Key vaccine was designed to be a complete vaccine for the Covid-19.
“The technology offers the safest and best route for the rapid development of a Covid-19 vaccine, ” it said.
It explained the complete vaccine is designed to regulate the immune system to provide a targeted, neutralising antibody response.
Bintai Kinden managing director Ong Choon Lui said Generex’s Covid-19 vaccine was based on the results of the ex-vivo human studies. It will be formulated for phases one and two clinical trials. ....

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