KUALA LUMPUR: Chemical Company of Malaysia Bhd (CCM) has embarked on an internal restructuring to streamline and consolidate its polymer businesses into a single entity in a RM126.4mil deal.
The exercise would see the acquisition by CCM's wholly-owned subsidiary, Usaha Pharma (M) Sdn Bhd, of the entire equity interest in Innovative Polymer Systems Sdn Bhd, Innovative Resins Sdn Bhd and Delta Polymer Systems Sdn Bhd from CCM and CCM Usaha Kimia (M) Sdn Bhd.
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