Scientex to buy Mondi Ipoh for RM58mil


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.

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Business , Scientex , Mondi , acquisition , stocks , shares , klci , klse ,

   

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