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NationGate, one of only four Asian original equipment manufacturer (OEM) partners of Nvidia and the only one in Southeast Asia, is on track to begin delivering its shipment of Nvidia H200 and B200 AI GPU servers in the first half of 2025 to Asean countries, primarily Singapore, Malaysia and Thailand, he added.
RHB Research said the HMTM drug would need to undergo 12 months of open-label trials – it could seek regulatory approvals for this Alzheimer's drug before the trial's conclusion.
RHB Research said TauRx could contribute RM1.3 billion-RM4.3 billion to Genting's financial year 2024 (FY24)-FY26 earnings, assuming a 10 per cent net margin.
"It could also fetch an upside of RM3.47-RM13.88 a share share based on 10x price to earnings ratio (P/E) on our base and bull cases for FY24 earnings," it said
