The two companies plan to work together on exploration at the project in 2022.
Year-to-date, the counter has surged 400% from five sen on Dec 31, 2020.
Responding to an unusual market activity query by Bursa Malaysia, Tanco said the research services agreement with Universiti Malaya under its pharmaceutical segment for the latter to undertake the Statement of Work: Effect of Noden Supplement Against Dengue Infection: A Clinical Trial Study is still in progress.
According to present data Tanco Holdings Bhd's 2429 shares and potentially its market environment have been in a bullish cycle in the last 12 months if exists.
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