Pharmaniaga gets vaccine boost from Standard Chartered’s Covid-19 financial injection | Malay Mail

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KUALA LUMPUR, June 23 — Pharmaniaga Bhd is set to boost its vaccine distribution via financing secured through Standard Chartered Malaysia’s US$1 billion (RM4.1 billion) not-for-profit financing commitment to battle Covid-19. Pharmaniaga group managing director Datuk Zulkarnain Md Eusope said...

KUALA LUMPUR, June 23 — Pharmaniaga Bhd is set to boost its vaccine distribution via financing secured through Standard Chartered Malaysia’s US$1 billion not-for-profit financing commitment to battle Covid-19.

“At times like these, we need to leverage on each other’s strengths and resources against one common enemy, the Covid-19 virus,” he said in a joint statement today. Announced during the height of the pandemic in early 2020, Standard Chartered’s financing initiative avails funds on a non-profit basis to companies involved in tackling Covid-19. It also covers manufacturers and distributors who are planning to make the switch to produce goods and services that are essential in fighting the pandemic.

 

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