Malaysia's Daibochi to buy plastic packaging player for $30m

Malaysia's Daibochi to buy plastic packaging player for $30m

Investors monitor stock prices in the trading gallery of the RHB Investment Bank headquarters in Kuala Lumpur, Malaysia, on Tuesday, August 25, 2015. Photographer: Sanjit Das/Bloomberg

Malaysia-based packaging manufacturer Daibochi Bhd is acquiring plastic packaging printer and manufacturer Mega Printing & Packaging Sdn Bhd for RM125 million ($30 million) cash, it said in a filing with Bursa Malaysia on Friday.

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