Mah Sing inks joint venture agreement to expand plastic pallets/containers manufacturing in Indonesia

From left: MSPI executive director Lee Foo Keong, Mah Sing gounder and group managing director Tan Sri Leong Hoy Kum and PT Gaya president director Budijani Sanjata.

KUALA LUMPUR: Mah Sing Group Bhd’s wholly-owned subsidiary, Mah Sing Plastics Industries Sdn Bhd (MSPI), is setting up a joint venture with PT Gaya Sukses Mandiri Kaseindo (PT Gaya) to expand its manufacturing and trading of plastic pallets, containers and related material handling and storage products in Indonesia.

“A joint venture company with MSPI holding a 70% shareholding and PT Gaya holding the remaining 30% will be set up, marking a significant milestone for both parties.