other material
confidence high
sentiment positive
materiality 0.60
BioNexus Gene Lab (BGLC) announces MyCIF co-investment in AISB, total round RM 1.7M (~$390k)
BioNexus Gene Lab Corp
- Malaysian Securities Commission co-invests alongside BGLC in Ascension Innovation under ESI scheme; total round RM 1.7M (~USD 390k).
- BGLC previously invested RM 1M; AISB is first recipient of MyCIF ESI scheme.
- Proceeds to advance AI-driven healthcare platform aiCMS and support Malaysia's National EMR Plan 'One Patient, One Record'.
- CEO Sam Tan cites confidence from government investment in AISB's technology and BGLC's strategic direction.