BioNexus Gene Lab's MRNA Scientific Announces Entry Into Biogas Sector Via Teaming Agreement With Protech Builders Sdn. Bhd. To Jointly Develop And Operate Biogas Plants Across Malaysia; Protech And MRNA Have Agreed To Together Make An Initial Financial Contribution Of Up To ~$235,000 To Fund Feasibility Studies And Other Project Development Activities
Portfolio Pulse from Benzinga Newsdesk
BioNexus Gene Lab's subsidiary, MRNA Scientific, has entered the biogas sector through a partnership with Protech Builders to develop biogas plants in Malaysia. They will jointly invest approximately $235,000 for feasibility studies and project development.
September 25, 2024 | 3:34 pm
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BioNexus Gene Lab's subsidiary, MRNA Scientific, is entering the biogas sector in Malaysia through a partnership with Protech Builders. This strategic move could enhance BGLC's growth prospects in the renewable energy market.
The partnership with Protech Builders to develop biogas plants positions BGLC to tap into Malaysia's growing renewable energy sector. The initial investment and Protech's expertise could lead to successful project execution, potentially boosting BGLC's revenue and market presence.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90