Malaysia-based packaging manufacturer and property developer Scientex Bhd has proposed to acquire a 42.41 per cent controlling stake in smaller rival Daibochi for RM222.5 million ($53 million) or RM1.60 per share, it said in a filing with Bursa Malaysia today.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com