BINTAI - rises on partnership deal

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Bintai Kinden Corp Bhd’s shares rose marginally in early trade Friday after its partner signed an agreement to to develop and commercialise a coronavirus vaccine in China.
The counter added one sen to 72.5 sen with 20 million shares done. Bintai Kinden’s partner Generex Biotechnology Corporation has entered a framework agreement with Chinese agencies to develop and commercialise a coronavirus vaccine in China. Generex had entered the agreement with China Center for Disease Control and Prevention, Beijing Guoxin Haixiang Equity Investment Partnership and Beijing Youfeng International Consulting Co Ltd.

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- price exceed expectation which more than 0.7