PPB Group acquires 15% stake in Techbond for RM38M

PPB Group acquired a 15% stake in Techbond (TECHBND) for RM38 million in cash, with additional warrants potentially increasing total outlay to RM49 million. The deal follows Techbond's earlier acquisition of PPB's adhesive unit Malayan Adhesives and Chemicals.

“PPB Group has acquired a 15% stake in Techbond (TECHBND) for RM38 million in cash”businesstoday.com.my

• 1 source
• businesstoday.com.myTechbond Can Leverage From PPB's Extensive ReachJun 18, 2024

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