Rinani Group emerges as Malaysian Genomics's substantial shareholder

Malaysian Genomics Resource Centre Bhd executive chairman Azri Azerai

KUALA LUMPUR: Malaysian Genomics Resource Centre Bhd has announced that Rinani Group Bhd has emerged as a substantial shareholder in the group with a 5.85% stake.

“We are excited to have Rinani Group on board as a substantial shareholder. Their investment comes at a pivotal time as we are transitioning towards biopharmaceuticals and pursuing various growth initiatives,” group executive chairman Azri Azerai said in a statement.