Tomypak's subsidiary adequately insured of up to RM351mil coverage

KUALA LUMPUR: Tomypak Holdings Bhd has reiterated that its wholly-owned subsidiary, Tomypak Flexible Packaging Sdn Bhd (TFPSB), has adequate insurance coverage of up to RM271 million for property damage and stock in trade and RM80 million for business interruption of up to 24 months.

In a filing with Bursa Malaysia today, the company said this is in reference to the fire outbreak at its Senai manufacturing plant in Johor Bahru which happened at approximately 12.30 pm on December 19 and was contained at approximately 7.00 am today.