INDIAN pharmaceutical giant Ranbaxy Laboratories Ltd (RLL) has increased its stake in Ranbaxy (M) Sdn Bhd to 55% from 45%, in line with the group's projection of robust growth for its overseas businesses over the next two years.
RLL regional director (Asia Pacific & Latin America) Vinod Dhawan said the group had injected RM3mil to expand Ranbaxy Malaysia's ma- nufacturing plant in Sungai Petani, Kedah.
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