Completion of acquisition of Klang Hock Plastic Industries Sdn Bhd.

Completion of acquisition of Klang Hock Plastic Industries Sdn Bhd (“KHPI”) by Scientex Packaging Film Sdn Bhd (“SPFSB”) for a total purchase consideration of RM190 million.

The said acquisition marked its completion on 2.5.2018 with a simple ceremony evidenced by the handing over of share certificates between Mr PJ Lim (Director of SPFSB) and Mr WH Law (one of the major shareholders of KHPI). KHPI is now a wholly-owned subsidiary of SPFSB.

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