NOTION

0.465

-0.02 (-4.1%)

OTHERS Notion VTec Berhad ("NVB" or "the Company") - New Business Activities in the Healthcare Industry

NOTION VTEC BERHAD

Type Announcement
Subject OTHERS
Description
Notion VTec Berhad ("NVB" or "the Company") - New Business Activities in the Healthcare Industry

We refer to the Company's announcement dated 9 April 2020 in relation to New Business Activities in the Healthcare Industry.

 

The Board of Directors (“Board”) wishes to announce that Notion Venture Sdn Bhd ("NVSB"), a wholly owned subsidiary of the Company, has obtained a Certificate of Registration dated 27 July 2020 from Registrar Corp certified that NVSB is registered with the U.S. Food and Drug Administration for Financial Year 2020 for the face masks (except N95 respirator) for General Public / Healthcare Personnel per IIE Guidance.

 

NVSB is also in the midst of submitting the samples of N95 respirator to the approved external laboratory so that the results could be forwarded to the National Institute for Occupational Safety and Health (“NIOSH”) for approval. Should the approval on N95 respirator is obtained from NIOSH, the Board is of the view that export of the face masks will be a long-term business of the Group.

 

The Board wishes to further announce that NVSB has also submitted the application for the halal certification to Jabatan Kemajuan Islam Malaysia (“JAKIM”) and is currently awaiting the outcome of the application. Upon obtaining the certification from the JAKIM, the Company will then able to export the face masks to certain Islamic countries.

 

The Company will make further announcements whenever there is any material development on the above business activities. 

 

This announcement is dated 30 July 2020.






Announcement Info

Company Name NOTION VTEC BERHAD
Stock Name NOTION
Date Announced 30 Jul 2020
Category General Announcement for PLC
Reference Number GA1-30072020-00030