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Zhongyu Gas bucking the trend in 2020 with a low-carbon economy conducive to future growth

Zhongyu Gas bucking the trend in 2020 with a low-carbon economy conducive to future growth
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Zhongyu Gas , Year Action Plan , Blue Sky , ஆண்டு நடவடிக்கை திட்டம் , நீலம் வானம் ,

Steel pole maker Mestron plans to venture into Covid-19 vaccine distribution


KUALA LUMPUR (Jan 29): Mestron Holdings Bhd is the latest company to propose venturing into the Covid-19 vaccine distribution business.
The steel pole maker said it has inked a Heads of Agreement (HOA) with China-based Zhongyu Yexing (Chengdu) Industrial Co Ltd to distribute the Covid-19 vaccine in Malaysia.
In a statement, Mestron said it expects to invest up to RM20 million for this business venture, which will be funded via internally-generated funds, bank loans and proceeds from a private placement.
Zhongyu is part of the Sino Pharma Group of Companies, and is one of the authorised distributors for Sinopharm’s China National Biotech Group Covid-19 vaccine. ....

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