IDX-listed laboratory chain Diagnos to buy DNA testing company Asa Ren for $24m

IDX-listed laboratory chain Diagnos to buy DNA testing company Asa Ren for $24m

A technician handles a sample at a laboratory. Photographer: Anthony Kwan/Bloomberg

Indonesia-listed laboratory chain PT Diagnos Laboratorium Utama (Diagnos) plans to acquire a 97% stake, worth $24 million, in the DNA testing platform ASA Ren through a rights issue, according to a disclosure published on the Indonesia Stock Exchange (IDX) on Wednesday.

Edited by: Pramod Mathew

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