Mlabs Enters Glove Manufacturing And Healthcare Business For Growth


Assalamualaikum dan salam sejahtera


Mlabs Enters Glove Manufacturing and Healthcare Business for Growth

Something is brewing at Mlabs Systems Bhd! There are confirmed rumours that Mlabs is venturing into healthcare and glove manufacturing and that the business will start soon. Healthcare, including glove manufacturing are the fastest growing sectors, amid the Covid-19 pandemic. 
The total healthcare industry spending in Malaysia, which stood at RM52 billion at end-2017, is expected to exceed RM80 billion this year, fueled by increasing demand for healthcare services, and emergence of new care models beyond traditional hospital settings. The glove venture is also a lucrative business especially now when there is a global shortage for medical or nitrile gloves. More companies are getting into the production of gloves in response to the global shortage
  Mlabs has been trading actively these past few weeks. There is a strong resistance at 5 sen and we can expect the price to surge to 10 sen soon, followed by a second wave of increment. The stock closed 4.5 sen today with almost 40 million shares traded, a sign that people already know about the company's venture into glove manufacturing. Mlabs is relatively a cheap stock to invest in for long term prospects and I personally recommend a "BUY" on this counter


  Analysts said there are exciting times ahead for Mlabs, which has been focusing on growing its business despite the Covid-19 pandemic. In March this year, Mlabs announced that it will provide its video-conferencing products to Ipharmacare Malaysia Sdn Bhd to complement the latter's online pharmaceutical platform

In return, Ipharmacare will support Mlab's efforts to promote these products, which will include but not limited to video conferencing systems, messaging systems and network solutions, to its platform users and/or independent pharmacies. We believe Mlabs will be able to meet funding requirements for future expansion.    When Mlabs reported its balance sheet in December 2019, it had zero debt and cash worth RM7.1 million. Although the cash is small, Mlabs can generate additional cash by issuing news shares in the company. Mlabs is developing its business progressively and it could easily raise more money to accelerate growth in the company. 

Mlabs has announced a private placement of up to 267.4 million new ordinary shares, representing 30 per cent of the total number of issued shares in the company, to independent third-party investors to be identified later
  Based on an illustrative issue price of RM0.0243 per placement share, the gross proceeds to be raised from the proposed private placement will be utilised for working capital, among others. We are fairly impressed by the company's growth trajectory. Its revenue growth has been relatively promising and we think it will announce better earnings in the coming quarters

THE END


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

https://www.aerill.com/2020/07/mlabs-enters-glove-manufacturing-and.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Mlabs Ventures Into Healthcare And Glove Manufacturing

Mlabs Ventures Into Healthcare And Glove Manufacturing

papar berkaitan - pada 15/7/2020 - jumlah : 78 hits
Mlabs Ventures Into Healthcare and Glove Manufacturing It seems that healthcare and glove manufacturing are booming now And any companies that are related to either one will certainly booming too As such it seems that venturing diversifying...
New Investors For Anzo After It Ventures Into Glove Manufacturing

New Investors For Anzo After It Ventures Into Glove Manufacturing

papar berkaitan - pada 3/7/2020 - jumlah : 115 hits
I like it when we hear things in the market and it turns out to be true Anzo Holdings Bhd which has been seeking to diversify its business has bought a factory producing medical and or nitrile gloves in Manjung Perak for RM55 million It tol...
Us 400 Million Revenue Expected For Anzo After Glove Plant Expansion With Permaju

Us 400 Million Revenue Expected For Anzo After Glove Plant Expansion With Permaju

papar berkaitan - pada 10/7/2020 - jumlah : 96 hits
Anzo Holdings Bhd is rushing to refurbish and expand the production lines at its glove manufacturing in Manjung Perak as
J P Morgan And Macquarie To Raise Rm500 Million For Anzo S Glove Factory

J P Morgan And Macquarie To Raise Rm500 Million For Anzo S Glove Factory

papar berkaitan - pada 14/7/2020 - jumlah : 93 hits
J P Morgan and Macquarie Group will raise RM500 million through bonds for Anzo Holdings Bhd who wants to raise funds
Us 200 Million Glove Orders For At Systematization Stock To Head Upward

Us 200 Million Glove Orders For At Systematization Stock To Head Upward

papar berkaitan - pada 9/7/2020 - jumlah : 143 hits
Assalamualaikum dan salam sejahteraUS 200 Million Glove Orders for AT Systematization Stock to Head UpwardAT Systematization Bhd has received orders for 2 billion pieces of gloves worth about US 200 million from the United States and will s...
Onedrive For Business Menerima Kemaskini Baru Termasuk Muat Naik Fail 100gb

Onedrive For Business Menerima Kemaskini Baru Termasuk Muat Naik Fail 100gb

papar berkaitan - pada 2/7/2020 - jumlah : 68 hits
OneDrive For Business digunakan oleh banyak syarikat korporat yang memerlukan jumlah storan yang besar untuk menyimpan fail fail digital mereka Walaupun begitu sebelum ini jumlah saiz untuk satu fail yang boleh dimuat naik sebelum ini adala...
Anzo To Make Over Rm200 Million Profit In New Glove Business

Anzo To Make Over Rm200 Million Profit In New Glove Business

papar berkaitan - pada 2/7/2020 - jumlah : 96 hits
Recently Anzo Holdings Bhd is believed to be in the process of buying a glove manufacturing company in Selangor
Three Business Premises In Sarikei Warned For Using Bodywash Other Disinfectants In Lieu Of Hand Sanitiser

Three Business Premises In Sarikei Warned For Using Bodywash Other Disinfectants In Lieu Of Hand Sanitiser

papar berkaitan - pada 17/7/2020 - jumlah : 50 hits
Billy points at the bodywash that was used in place of a proper hand sanitiser at a premise in Sarikei KUCHING Three business premises in Sarikei were given a stern warning yesterday for falsely using other cleansing liquids as hand s
Health Ministry To Introduce Online Booking Platform For In Home Treatment

Health Ministry To Introduce Online Booking Platform For In Home Treatment

papar berkaitan - pada 8/7/2020 - jumlah : 69 hits
The Health Ministry will introduce an online booking platform for people to access its healthcare services at home Its Minister Datuk Seri Dr Adham Baba said the platform would be set up and managed by the private sector selected by the min...
Meski Begitu Cantik Wanita Ini Ditinggalkan Suami Demi Pelakor Setelah Melahirkan

Kaki Pukul Kenali Asri Janggut Yang Sebenar

Permohonan Bsh Mahasiswa 2020 Rm100 Sebulan

Cukuplah Jalur Gemilang Dihina Empat Suspek Ditahan Disyaki Pasang Bendera Secara Terbalik

Kadar Pinjaman Asb Terkini Cimb Maybank Rhb

Aksi Bengis Sekretaris Sewa Pembunuh Bayaran Demi Harta Wn Taiwan

Honor Malaysia Announces Partnership With Joox

Kritik Amien Rais Ke Jokowi Politik Belah Bambu Hingga Mental Koncoisme



5 Kereta Keluaran Malaysia Yang Gagal Teruk di Pasaran Tempatan

Info Dan Sinopsis Drama Kebaya Kasut Kanvas TV3

Apa Yang Berlaku Kepada Badan Apabila Anda Mengambil Steroid

6 Letupan Akibat Kemalangan Paling Kuat Dalam Sejarah

Kisah Doktor Perubatan Yang Tak Mandi Guna Sabun Selama 5 Tahun


Perut Buncit Selamatkan Lelaki Ini Dari Terjatuh Dalam Perigi

Leman Miko Sang Super Tido Noti

Resipi Puding Roti Tawar Cantik Mudah Buat Sedap

Kenapa Selalu Ada Ulser Di Mulut

Mat Sabu Dakwa Hartawan Asing Boleh Kuasai Malaysia Kalau Wakil Rakyat Boleh Di Jual Beli

Dulu Kini Dan Selamanya Bangsa Dap Adalah Musuh Kita