Latest Forum Topics /
Medtecs Intl
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The next journey
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FrancisLim
Elite |
03-Mar-2021 10:42
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Many thanks
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nqing87
Supreme |
03-Mar-2021 10:41
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https://maybank.zoom.us/webinar/register/4216141631406/WN_jx_tnmdeTnm8R7bZTs2yEg this is shared few times here already lol
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FrancisLim
Elite |
03-Mar-2021 10:18
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Can share the link to the Maybank Webinair?  Thks
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FrancisLim
Elite |
03-Mar-2021 10:15
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Can share the link to the Maybank Webinair?
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ETLee8
Master |
03-Mar-2021 10:11
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See the 3pm SGX buy-in report will know.  Yesterday got None.
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kingofgamblers
Senior |
03-Mar-2021 10:07
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weakling... | ||||
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boyboy61
Supreme |
03-Mar-2021 09:42
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naked shorts need to be covered on the same day else buy-in will kick in
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kingofgamblers
Senior |
03-Mar-2021 09:34
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covering yesterday' s shorts? Can hold overnight meh?
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bishan22
Supreme |
03-Mar-2021 09:16
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short covering....
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boyboy61
Supreme |
03-Mar-2021 09:13
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reversal on the way???? | ||||
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X-Man-X
Member |
03-Mar-2021 08:43
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MEDTECS INTERNATIONAL CORPORATION LIMITED (Incorporated in Bermuda) ENTRY INTO JOINT VENTURE AGREEMENT WITH ACO INTERNATIONAL LIMITED 1. INTRODUCTION The Board of Directors (the " Board" ) of Medtecs International Corporation Limited (the " Company" and together with its subsidiaries, the &ldquo Group&rdquo ) wishes to announce that its wholly-owned subsidiary, Medtecs (Asia Pacific) Pte. Ltd. (" MAP" ) has on 2 March 2021 entered into a joint venture agreement (the &ldquo JV Agreement&rdquo ) with ACO International Limited (&ldquo ACO&rdquo , and collectively with MAP, the &ldquo Parties&rdquo ) to govern their relationship as shareholders of a joint venture company (the &ldquo Joint Venture&rdquo ), further details as set out below. 2. INFORMATION ON RESILIENT MEDICAL MAP had incorporated Resilient Medical Pte. Ltd. (&ldquo Resilient Medical&rdquo ) on 18 January 2021 in Singapore with an issued and paid-up share capital of S$1,000 comprising 1,000 ordinary shares, which MAP holds in its entirety. The current directors of Resilient Medical are Mr Yang Furong, and Mr William Yang. Resilient Medical has a book value of S$1,000. As a newly incorporated company, it is currently not generating revenue or engaging in any business activity. 3. INFORMATION ON ACO ACO is a special purpose vehicle incorporated on 24 September 2015 in the British Virgin Islands by a group of experienced and established professionals with extensive knowledge in the medical product supply chain and deep relationships across the US healthcare market. The current sole director of ACO is Mr Tung, Sung-Yuan, and the sole shareholder of ACO is MCO Global Limited, a company incorporated in the British Virgin Islands that is wholly owned by Mr Tung. To the best knowledge of the Board, ACO and its directors and ultimate beneficial shareholders (as the case may be) are independent of the Company, its directors and controlling shareholders, and its respective associates. 4. PRINCIPAL TERMS OF THE JV AGREEMENT Joint Venture The Joint Venture is established for the purposes of building a fully vertically integrated product development, manufacturing, sales and distribution platform in line with the Company&rsquo s mission to manufacture and deliver reliable, high-quality personal protective equipment (" PPE" ). Pursuant to the terms of the JV Agreement, ACO will assist in the site selection for construction of a PPE production facility. Upon MAP&rsquo s approval of the proposed site, both Parties will assist Resilient Medical with the purchase and development of the site and all matters in relation thereto. |
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ballex84
Member |
03-Mar-2021 00:57
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he' s not alone la bro, many others still holding quietly for all you know, bro Longtermer has 1-2 million shares about to enjoy his 50k to 100k dividend for this year and possibly next year am not always following this thread, bro bxylqwan, so not sure if you are holding medtecs but I just find it a little silly for you to comment on someone who' s about to collect a big fat dividend no offence!
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ballex84
Member |
03-Mar-2021 00:51
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bro greg, looks like our $2 will have to wait for a while in the meantime, i' ll collect my 5% so I can buy you the treat, should you have already left by then. I am in the US market as well, everyone' s warning of a possible correction, so just be careful the correction may even only apply to tech stocks, as funds may find safer havens in bonds/value stocks even if you sell off all your shareholdings in medtecs, you are always welcome to post here I for one have always been looking forward to your timely updates thanks for the effort really, appreciate it it seems to me medtecs is trying to establish themselves as a stronger counter in sgx, and they need time to put their windfall funds into growing the business I oddly see medtecs as a safe haven, yes SGX is less volatile than US, but in that sense one can say its also a safer exchange to trade in with the exception of speculative stocks of course stay safe, dyodd  
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Blowyouoff
Veteran |
03-Mar-2021 00:50
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Alamak, why go to extent of breaking promise and silence to deliver a news that' s already announced in SGX 
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zandlery
Supreme |
03-Mar-2021 00:45
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If the trend of glove stocks still downward. No news is good news.
I'm not shortist btw, actually own other glove counter. Just stating the sucks situation for now.
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gregtan123
Supreme |
03-Mar-2021 00:25
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Break my last promise and silence to bringing BREAKING News. Go see SGX. But apart from this, my Oceanus and MT posting will be upheld.
 
The Board believes that the proposed subscription and Joint Venture will allow the Group to expand its manufacturing capabilities and product offerings and ultimately, expand its revenue streams. This is in line with the Company&rsquo s strategy to leverage on the Parties&rsquo business network, resources and competitive strengths to capture increased market demand for PPE products worldwide and specifically, the U.S. market. ACO has connections to a significant network of health systems, hospitals and healthcare related providers and organisations, and its product development, sales and distribution capabilities, which will provide the Group with an opportunity for immediate access to the U.S. market.
 
The Board is of the opinion that the PPE market may experience lesser volatility over the next two years with customers needing a resilient, sustainable PPE product source and the Company can capitalize on this trend with a fully integrated supply chain model to deliver reliable, high-quality, and cost-effective PPE products in a way that does not widely exist yet in the U.S.
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gokwok
Senior |
03-Mar-2021 00:10
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Haha maybe the biggest manipulator is they themselves oopsss plot twist
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stockman20
Senior |
02-Mar-2021 23:53
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despite fantastic earnings by MT, the stock price plunge as usual. where is the call for mainboard listings? after so many months of waiting, NO news.  earning good but having poor management and investor relations. no wonder its is a manipulated stock.. whenever the stock price went up, there will be tons of seller pressing down the price. |
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ETLee8
Master |
02-Mar-2021 23:46
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Bro, I totally disagree with you. No company in SGX can hv superb revenue growth and profits improving every year.  That is a fact.  Even our banks can not achieved that. Dividends, Share Buyback are important tools in all the world bourses for companies to manage the expectations of their stock prices, their investors and supporters.  By saying these are insignificant is tantamount to telling SGX that these tools are useless here and hence can get rid of. Without the lucrative dividends, do u think our banks can hold their share prices ???  Generally investors compare the annual  dividend versus putting the money in fixed deposits. Share buybacks is a stop gap measures to prevent free falling of share prices.  It is also to tell investors the worth of the company and its confidence going forward. These are very very important tools.  I am surprised and disappointed u think they are insignificant.  
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bxylqwan
Master |
02-Mar-2021 23:14
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Good choice. Looks like it' s lone ranger Longtermer left on his own to fight the battle. 
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