Tomypak proposes to acquire 70% stake in EB Packaging for RM73.5M

Tomypak Holdings Bhd, via its subsidiary Tomypak Flexible Packaging, proposed to acquire a 70% equity interest in flexible plastic packaging firm EB Packaging Sdn Bhd for RM73.5 million, with completion expected in Q4 2023.

“Tomypak Holdings Bhd (Tomypak), through its wholly-owned subsidiary, Tomypak Flexible Packaging Sdn Bhd (TFP), has proposed to acquire 70 per cent equity interest in EB Packaging Sdn Bhd (EB) for RM73.5 million.”thestar.com.my

• 1 source
• thestar.com.myTomypak to acquire 70% stake in EB packaging | The StarJun 14, 2023

Summarized from public sources; check the original articles before acting on it.