Advanced Enzyme Technologies makes further investment in Malaysian subsidiary

Advanced Enzyme Technologies has completed the first tranche of additional investment of MYR 150,000 by way of subscription to the rights issue of 150,000 equity shares having face value MYR 1 each of Advanced Enzyme (Malaysian) Sdn. Bhd.

In view of the aforesaid, (i) the paid-up share capital of AEM has increased for existing MYR 250,000 to MYR 400,000; and (ii) the company's shareholding in AEM has increased from existing 200,000 equity shares (80%) to 350,000 equity shares i.e. 87.5% of paid up share capital of AEM.

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