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Tomypak Holdings Bhd proposed to acquire a 100% stake in Johor-based packaging manufacturer EB Packaging Sdn Bhd for RM120 million to bolster its packaging manufacturing capacity after a fire incident at its Senai plant.
“Tomypak Holdings Bhd has proposed to acquire a Johor-based packaging manufacturer for RM120 million to bolster its packaging manufacturing capacity which was affected by a fire incident.”theedgemalaysia.com
Summarized from public sources; check the original articles before acting on it.