Thai SCG Packaging acquires majority stake in Malaysian firm for $26.5m

Thai SCG Packaging acquires majority stake in Malaysian firm for $26.5m

Image from SCG Packaging.

SCGP Solutions (Singapore) Pte Ltd, a wholly-owned subsidiary of Thailand’s largest packaging paper firm SCG Packaging, has acquired 68.3 per cent stake in Malaysia’s Interpress Printers Sendirian Berhad (IPSB) for 104.5 million ringgit ($26.5 million), according to a Stock Exchange of Thailand filing on Monday.

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