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Well, in bursa Malaysia, the PRICE always move ahead of the news.. With such progress back in November and price keeps on dropping, I assume and think there's smtg wrong with their production or smtg internally.. No one knows except themselves.. In Jan, they are supposed to announce another 2 lines, and this month another 2,but ntg announced and price keeps on dropping... Didnt see any production also. So you judge yourself la har... Price always do hint us.
refer to the Company’s announcements made on 18 May 2020, 27 May 2020, 17 August 2020 and 17 November 2020, the Board of Directors wishes to inform that there has been no material development on the status of the MOU between ATS, ARZ, STB and PNE to form a joint venture company to design, carry out research and development and production of medical grade mechanical air ventilators which are to be distributed and marketed globally.
They are not specialize in Glove. Glove manufacturing process is unique. based on their previous years performance, most are negative, this is showing their management is bad.