PETALING JAYA: Scientex Bhd has entered into a share purchase agreement with Mondi Consumer Packaging International GmBH to acquire 21.05 million ordinary shares of RM1 each, or the entire paid-up capital of Mondi Ipoh Sdn Bhd for RM58mil.
Upon completion of the proposed acquisition, Mondi Ipoh will become a wholly-owned subsidiary of the company.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!