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Scientex Packaging Film, a subsidiary of Scientex Berhad, agreed to acquire Klang Hock Plastic Industries for RM190 million ($48.5 million). Both companies are based in Malaysia.
“Scientex Packaging Film, a subsidiary of Scientex Berhad, has agreed to acquire Klang Hock Plastic Industries (KHPI) for RM190m ($48.5m).”packaging-gateway.com
Summarized from public sources; check the original articles before acting on it.