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Business

SKP purchase of Tecnic units deemed win-win

IN a move to transform into a more diversified player in the plastics industry, SKP Resources Bhd has announced the acquisition of Tecnic Group Bhd’s three subsidiaries for RM200mil.

Corporate News

SKP Resources to buy Tecnic to create major plastic parts maker?

PETALING JAYA: Low-profile Datuk Gan Kim Huat is consolidating his businesses in two listed companies, SKP Resources Bhd and Tecnic Group Bhd, in a move that will pave the way for the establishment of a major plastic parts manufacturer.

Business

Wan Azmi makes offer for Tecnic

PETALING JAYA: A group led by prominent businessman Tan Sri Wan Azmi Wan Hamzah (pic) has launched a cash offer of 63 sen per share to mop up all the shares they do not already own in Tecnic Group Bhd.

Business

Tecnic Group minority shareholders told to reject offer

PETALING JAYA: Minority shareholders of Tecnic Group Bhd have been advised to reject the takeover offer of 63 sen per share from Rohas-Euco Holdings Sdn Bhd (RE Holdings).

Corporate News

Reject Rohas-Euco takeover, Tecnic Group minority shareholders told

KUALA LUMPUR: Tecnic Group Bhd's minority shareholders have been advised to reject the takeover offer of 63 sen per share from Rohas-Euco Holdings Sdn Bhd (RE Holdings).

Corporate News

Bursa Securities publicly reprimands Tecnic Group

KUALA LUMPUR: Bursa Malaysia Securities Bhd has publicly reprimanded Tecnic Group Bhd and three of its directors for breaching the listing requirements and fined the directors a total of RM150,000.

Business

SKP Resources to buy Tecnic’s entire ops for RM200mil

PETALING JAYA: SKP Resources Bhd plans to acquire Tecnic Group Bhd’s entire business for RM200mil, to be satisfied via the issuance of 172.4 million new SKP shares at 58 sen each and RM100mil cash.

Business

Tecnic Group plans RM12mil expansion

BANGI: Tecnic Group Bhd, a plastic products manufacturer, plans to invest between RM10mil and RM12mil to expand its capacity in food and beverage (FB) and consumer product packaging in the first quarter of next year as the outlook for the sector is positive.

Business

Rohas-Euco plans RTO of Tecnic

PETALING JAYA: Tecnic Group Bhd has entered into a non-binding memorandum of understanding (MoU) with Rohas-Euco Holdings Sdn Bhd, whereby the latter is proposing a reverse takeover (RTO) of Tecnic.

Corporate News

Tecnic Group, SKP suspended for corporate exercise

KUALA LUMPUR: Trading of Tecnic Group Bhd and SKP Resources Bhd’s securities was voluntarily suspended minutes before the end of market close on Monday.