Tomypak to acquire 70% stake in EB packaging


KUALA LUMPUR: Tomypak Holdings Bhd (Tomypak), through its wholly-owned subsidiary, Tomypak Flexible Packaging Sdn Bhd (TFP), has proposed to acquire 70 per cent equity interest in EB Packaging Sdn Bhd (EB) for RM73.5 million.

This comprises the proposmed acquisition of 29.29 per cent equity interest in EB from Siow Chew Kiong, Teo Kee Lin, Hoo Jik Heng and Teo Peng Hong (collectively, promoters) for RM30.75 million, as well as the acquisition of 40.71 per cent equity interest from RMCP Plastics Holdings Sdn Bhd for RM42.74 million.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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