Lim(filepic): we will continue our efforts to deliver more well-planned and sustainable townships
PETALING JAYA: Scientex Bhd
will launch a mandatory general offer (MGO) for Daibochi Bhd to expand the flexible packaging business after proposing to acquire a controlling 42.41% stake for RM222.50mil in a share swap.
Scientex said in a filing with Bursa Malaysia that the proposed purchase of the stake would be from several individual vendors who hold a controlling block of shares in Daibochi.
Already a subscriber? Log in.
Subscribe now and receive free sooka plan for 1 month. T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
