BCM Alliance Receives RM845 Million Order From China For Coronavirus Disabling Devices

BCM Alliance Berhad via its whollyowned subsidiary, BC Medicare and rLoop Limited a Hong Kong corporation have received a letter of offer from Euro-China Technology Achievement Transformation (Tianjin) Co Ltd to purchase 100,000 units of virus attenuation devices with a total sale of US$200 million (RM845 million).

This virus attenuation or reduction devices use photon mediated electrons and emitters under rLoop’s brand name
“rGuard” in the global market except for India. According the BCM the products is able to disable the coronavirus in enclosed spaces with up to 99.9% efficacy, enabling schools, colleges, homes and businesses like hospitals, hotels, offices, restaurants, auditoriums, transportation, retail and airports to get back to normal. At RM8000 per unit, the price will include royalties, installation & debugging, operations & technology information training, data monitoring and maintenance services. BC Medicare is in the business of designing, developing, manufacturing, testing, configuring, assembling, packaging and shipping electronic assemblies and systems, whereas rLoop has the intellectual property rights and licensing right for designing, manufacturing (including contract manufacturing), developing, distributing, marketing and selling of these Products.

rLoop has also engaged BCM to manufacture, test, configure, assemble, pack and/or ship the virus attenuation or reduction devices as well as provision of manufacturing services for the products, this will done via a separate agreement which will include providing training to EC Tech on the functions and operations of the goods.

Executive Director Hoo Swee Guan claims the rGuard can be installed in all in-door areas and has huge market potential. BCM is also authorised to market the Products to global markets, except India. Fortunately, we receive a big order of US$200 million before we even start, and the future sales volume will bring very considerable turnover
to our group,” Mr Hoo added. All the 3 parties would be negotiating towards a definitive agreement to formalise this significant order.

BCM Alliance Bhd is a Malaysia-based company that is the investment holding company of BCM Group. The
Group’s principal business activities include the supply, installation, testing and commissioning of commercial
laundry equipment and medical devices. Its major products include vented and on-premise commercial laundry equipment, such as various types of washers, tumble dryers, dry cleaning machines, flatwork ironers, spotting tables, industrial presses machines and chemical dispensing systems; medical imaging equipment, including MRI systems, CT scanners, digital radiography/fluoroscopy systems, X-Ray systems, bone densitometers and CR systems, and disinfection, sterilization and surgical room equipment.

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