SOME changes are taking place in low-profile Malaysian Genomics Resource Centre Bhd (MGRC).
The company, which offers genetic screening services, has seen the exit of some major shareholders in recent weeks. These include Malaysia’s sovereign wealth fund, Khazanah Nasional Bhd, and business tycoon Tan Sri Koh Kin Lip.
A little-known private equity firm, Crest Advisory Bhd, has become MGRC’s new single largest shareholder, following the exit of Khazanah’s indirectly-owned Synamatix Sdn Bhd in May.
...