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SCG Packaging invested VND 2,825 billion (about THB 3,727 million) to take a further 30% stake in Duy Tan JSC, raising its total shareholding to 100%.
SCG Packaging (SCGP) completed its 70% merger and partnership investment in Duy Tan Plastics Manufacturing Corporation, Vietnam's leading rigid plastic packaging producer, with total payments capped at 6,400 billion VND and consolidation from August 2021.
SCG Packaging signed a contract with Duy Tan Plastics Manufacturing Corporation, Vietnam's leading rigid plastic packaging producer, on 9 February 2021 as part of its Vietnam expansion.
Thailand's SCG Packaging signed a share purchase agreement on February 9 to acquire a 70% stake in Duy Tan Plastics Manufacturing Corporation, Vietnam's top rigid plastic packaging producer, as part of a THB10 billion (US$334 million) investment in Vietnam.
