16 Feb 2021 / 21:44 H. Deal will enhance KPower’s role in combatting Covid-19 while growing its healthcare business in one of the most populous countries in the world. – REUTERSPIX
PETALING JAYA: KPower Bhd’s wholly owned subsidiary KPower Healthcare & Technologies Sdn Bhd (KPHealthTech) has accepted a letter of award from Indonesia’s PT Biotech Maju Sejahtera (PT BMS) for the supply of airbags/ breathing bags for GeNose and GeNose Covid-19 test machines for a minimum contract price of US$12.025 million (RM48.64 million).
The contract is effective for 12 months from the acceptance date and will be governed under the laws of Indonesia.
The award is expected to contribute positively to the net assets, consolidated earnings and earnings per share of the company for the financial year ending June 30, 2021 to June 30, 2022.
KUALA LUMPUR (Jan 19): i-Stone Group Bhd’s subsidiaries PA Metal Technics Sdn Bhd (PAMT) and i-Stone Engineering Sdn Bhd (IEN) have been given the green light from the Ministry of Health (MoH) to resume operations after the balance of its employees tested negative for Covid-19.
In a bourse filing today, the automation machine manufacturing group said the rest of its employees working at IEN and PAMT in Johor Bahru were screened for the virus.
i-Stone said IEN and PAMT will resume operations as usual while complying to the relevant standard operating procedures set by the government.
“We will continue to cooperate and work closely with MoH and the relevant authorities to ensure the safety and well being of all our employees towards flattening the curve and containing the situation,” it said.
13 Jan 2021 / 07:51 H.
KUALA LUMPUR, Jan 12: Eleven employees of i-Stone Group Bhd’s subsidiary companies have tested positive for COVID-19.
In a filing with Bursa Malaysia today, i-Stone said four local engineers from i-Stone Systems Sdn Bhd, four foreign employees from i-Stone Engineering Sdn Bhd (IEN), and three foreign employees from P.A. Metal Technics Sdn Bhd (PAMT) are receiving treatment at a hospital and placed under quarantine.
“IEN and PAMT have imposed a halt in production activities as precautionary and preventive measures,” it said, adding that close contacts of the positive cases have been identified for swab tests.
The company, which is focused on the manufacturing automation business segment, said the management has immediately carried out disinfection and sanitisation works at all facilities to protect the health and safety of the workforce and its community.
KUALA LUMPUR (Jan 12): Based on corporate announcements and news flow today, companies that may be in focus on Wednesday (Jan 13) include QL Resources Bhd, Boilermech Holdings Bhd, FGV Holdings Bhd, Pharmaniaga Bhd, I-Stone Group Bhd, Spring Art Holdings Bhd, Ho Wah Genting Bhd, Handal Energy Bhd, ATTA Global Group Bhd, MTD ACPI Engineering Bhd, Mulpha International Bhd, Malaysia Airports Holdings Bhd, AirAsia Group Bhd, and Gas Malaysia Bhd.
QL Resources Bhd s takeover offer for shares it does not own in
Boilermech Holdings Bhd has been extended to Jan 29. The initial deadline for the conditional mandatory general takeover offer at 95 sen per share was Jan 14. QL currently controls a 48.41% stake or 249.79 million shares in Boilermech.
Formerly known as Kumpulan Powernet Bhd, the group operates in the sustainable energy and utilities segment and specialises in renewable energy (RE).
PETALING JAYA: KPower Bhd has inked a US$6mil (RM24.05mil) contract to supply polymerase chain reaction (PCR) reagent kits for Covid-19 to PT Arna Cahaya Medika in Jakarta, Indonesia.
Under the deal, the group’s wholly-owned subsidiary KPower Healthcare and Technologies Sdn Bhd will request for the supply of the PCR Kits from the relevant appointed manufacturer, before delivering them to Jakarta.
, the group operates in the sustainable energy and utilities segment and specialises in renewable energy (RE).