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.

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.

Wellcall Holdings and Trelleborg Holding signed a shareholders agreement on 15 January 2019 to form a Malaysian company making composite hose and fittings, with Trelleborg holding 51%. Initial capital is US$2.2 million and completion is expected by year end.

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.