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Advanced Enzyme Technologies makes further investment in Malaysian subsidiary

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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 Bhd.

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

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, March 14 2018. 11:25 IST