# 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.

- Type: Acquisition
- Announced: 2019-05-17
- Where: Malaysia
- Value: $75.0M (311.3M MYR)
- Status: announced
- Products: plastic injection moulded products
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Kumpulan Perangsang Selangor](https://endata.com/companies/688.md) (acquirer)
- [Toyoplas Manufacturing](https://endata.com/companies/39565.md) (target)

## Sources

- [malaymail.com](https://www.malaymail.com/news/money/2019/05/17/perangsang-selangor-buys-toyoplas-mmanufacturing-for-rm311.25m/1754062), 2019-05-17: "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."

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