# Scientex Packaging Film acquires Klang Hock Plastic Industries for RM190m

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.

- Type: Acquisition
- Announced: 2018-03-02
- Value: $48.5M (190.0M MYR)
- Status: announced
- Products: flexible plastic packaging products and custom film solutions
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Klang Hock Plastic Industries](https://endata.com/companies/30270.md) (target)
- [Scientex Packaging Film](https://endata.com/companies/30450.md) (acquirer)

## Sources

- [packaging-gateway.com](https://www.packaging-gateway.com/news/mas-week-viscofan-tomra-weener-plastics/), 2018-03-02: "Scientex Packaging Film, a subsidiary of Scientex Berhad, has agreed to acquire Klang Hock Plastic Industries (KHPI) for RM190m ($48.5m)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.