KPS finds solid package in Century Bond


Stable business: Cement paper bags being produced at Century Bond’s plant in Senai Industrial Estate, johor. The packaging sector is considered a good proxy for economic and population growth.

New venture will provide it with stable business and cashflow

Kumpulan Perangsang Selangor Bhd’s (KPS) bid to acquire Century Bond Bhd (CBB) in a RM210 buyout offer marks yet another new business direction for the firm, which had shed off several key assets over the past few years.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , kps , markets , cbb

Next In Business News

Ringgit eases vs US$, mostly up against other currencies
FBM KLCI stumbles as US-Iran deal in jeopardy
Stocks slip in Asia, oil up on peace doubts
Brent oil rises more than US$1/bbl after bumpy start to US-Iran peace talks
Trading ideas: Vestland, Lianson Fleet, iCents, Ocean, TWL, George Kent, E&O, Ajinomoto, Infoline, PetDag, VS Industry, Liftech, Prestar
Steeping out of govt’s shadow
Kelington on the rise
China’s oil demand drop is no mystery
Pals, pens and pings
Top Glove margins under scrutiny on rising costs

Others Also Read