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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.
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).
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).
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.
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.
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.