DKSH buys Auric Pacific for RM480.9mil

the proposed acquisition is expected to contribute positively to the earnings of the enlarged DKSH group with the expected income from the Auric Pacific group in the near future.

KUALA LUMPUR: DKSH Holdings (Malaysia) Bhd is buying Auric Pacific (M) Sdn Bhd from its Singapore shareholder for S$157.67mil (RM480.9mil) cash consideration as it seeks to expand its services.

DKSH, which is involved in the fast moving consumer goods, said in a filing with Bursa Malaysia yesterday it was acquiring the company from Singapore-based Auric Pacific Group Ltd. Auric distributes chilled and frozen products in Malaysia.