IN a move to transform into a more diversified player in the plastics industry, SKP Resources Bhd has announced the acquisition of Tecnic Group Bhd’s three subsidiaries for RM200mil.
The transaction is proposed in the form of RM100mil cash and 172.41 million new SKP shares at the price of 58 sen apiece.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!