Tomypak Holdings Bhd proposed to acquire a 100% stake in Johor-based packaging manufacturer EB Packaging Sdn Bhd for RM120 million to bolster its packaging manufacturing capacity after a fire incident at its Senai plant.
Can-One shareholders have backed a MYR 917.2 million offer for Kian Joo, a Malaysian packaging company.
Scientex agreed to acquire a 42.41% stake in Daibochi through a share swap valued at RM222.5 million, with a mandatory general offer for the remaining stake under consideration.
Oliver Healthcare Packaging officially opened a new 120,000 square foot manufacturing facility in Iskandar Puteri, Johor, producing medical-grade pouches, lids and roll stock for Asia-Pacific pharmaceutical and medical device customers. The opening was reported on 15 May 2025.
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.
PulPac signed a partnership making HZ Green Pulp its first licensee in Malaysia for dry molded fiber technology. HZ Green Pulp, based in Perak, plans a fast market launch of molded pulp products such as lids, food trays and cutlery.
Nine Dragons Paper expects its 550,000-tonne-per-year packaging paper capacity in Malaysia to start production before the end of Q2 2022. The plan was disclosed on 2020-10-10.
Muda Holdings, through subsidiary Federal Packages, agreed to acquire a 60% equity stake in Quantum Total Packages, which runs a corrugated carton factory in Parit Buntar, Perak, for RM15 million. The purchase price was based on net asset value and projected profit.
Oji announced a new corrugated packaging plant in Malaysia with 7 million m² per month capacity on a 42,000 m² site, to be operated by subsidiary United Kotak Berhad at a cost of about JPY4bn. Production is scheduled to start in January 2022.
Shanghai Baosteel Packaging plans to build a beverage can plant in Malaysia at a cost of RMB461 million (US$66 million), its second project outside China after Saigon, Vietnam.
Subsidiary Max Ease International agreed on 17 March 2020 to extend its printed carton supply agreement with British American Tobacco for Malaysia, Singapore and Vietnam for five years to 31 December 2024. A formal contract is expected by end of Q2 2020.
Can-One Bhd signed a sale and purchase agreement to sell F&B Nutrition Sdn Bhd to Wholesome Dairies Pte Ltd for between RM800 million and RM1 billion. Proceeds will pay down about RM750 million of bank borrowings used to privatise Kian Joo Can Factory.
IPP, a joint venture now part of SCG Packaging, opened a new greenfield packaging factory in Klang, Selangor, Malaysia, on 15 February 2019, equipped with Koenig & Bauer, Heidelberg and Bobst converting equipment.
HPI Resources subsidiary Harta Packaging Industries (Perak) launched its second plant, HP2, at the Parit Buntar industrial area, worth RM45 million. The plant doubles the group's northern production capacity to 66,000 tonnes annually.
Malaysian packaging services firm Scientex agreed with several vendors to acquire a 42.41% controlling stake in Daibochi for MYR222.5 million ($53.11 million), subject to a conditional share sale agreement.
Japan's Rengo acquired a 25% stake in United Packaging Malaysia Pte Ltd, a corrugated box maker in Shah Alam near Kuala Lumpur, in early 2018.
Oji Holdings will install a new containerboard machine with 450,000 tons per year capacity at GS Paperboard & Packaging in Malaysia, investing about JPY 35 billion for the machine and energy and water treatment equipment. Start-up is expected in April 2021.
Oji Holdings plans to spend about 35 billion yen ($308 million) to more than double production of corrugated-cardboard materials in Malaysia.
Thong Guan Industries is investing about RM35 million to expand production in Sungai Petani, including a new nano-layered stretch film line starting in September 2017 and more PVC food-wrap lines.