Perangsang Selangor acquires Toyoplas Manufacturing for RM311.25M

Kumpulan Perangsang Selangor Bhd's unit Perangsang Dinamik Sdn Bhd is acquiring 100% of Toyoplas Manufacturing (Malaysia) Sdn Bhd for RM311.25 million. The acquisition is expected to be completed by Q3 2019 and will be funded by equity and term loan.

“The purchase of the plastic products manufacturer will be fully funded by a combination of equity and term loan, each amounting to RM161.25 million and RM150.0 million, respectively.”malaymail.com

• 1 source
• malaymail.comPerangsang Selangor buys Toyoplas Manufacturing for RM311.25m | Malay MailMay 17, 2019

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