Daibochi to invest RM29m to expand into Myanmar


The flexible packaging manufacturer had on Monday inked an memorandum of agreement with Myanmar Smart Pack Industrial Company Ltd (MSP)  to set up a production facility in Myanmar, under the JV company, Daibochi Packaging  (Myanmar) Co. Ltd. (DPM).

The JV company, in which Daibochi will have a controlling stake, will take over MSP's existing business, premises and equipment in Myanmar.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read