Bionexus gene lab corp announces new business developments for subsidiary chemrex with investment in high-quality color paste production

Kuala lumpur, malaysia, sept. 11, 2024 (globe newswire) -- bionexus gene lab corp (nasdaq: bglc, the “company”), an emerging biotech & chemicals company, is pleased to announce that its subsidiary, chemrex corporation sdn. bhd. (chemrex), has invested approximately rm 2 million (approx. usd $450,000) to begin the production of fine-quality color paste (non-drying type) specifically designed for composite industrial customers. the new production facility will commence operations in late september 2024, marking a significant milestone for the company as it seeks to expand its portfolio and enhance its market presence globally.
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