New major shareholder emerges in MMAG


MMAG Chairman Datuk Rathakrishnan Vellaisamy

PETALING JAYA: MMAG Holdings Bhd, which made news recently for its plans to provide an integrated Covid-19 testing system, has a new major shareholder — a party connected to Bestinet Sdn Bhd, sources say.

A total of 200 million shares in the ACE Market-listed company crossed in an off-market transaction yesterday, equivalent to a 19.5% stake.

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