News Releases / 2017
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December 14, 2017
Rengo Acquires Shares in Corrugated Subsidiary in Malaysia
Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces it has acquired a 25% stake in Rengo Packaging Malaysia Sdn. Bhd. (RPM), a corrugated subsidiary located in Shah Alam near Kuala Lumpur, from Thai Containers Group Co., Ltd. Through this acquisition, RPM has been made a wholly-owned subsidiary of Rengo.
The corrugated packaging business in Southeast Asia, including Malaysia, is an important strategic focus for the overseas operations of the Rengo Group as a “General Packaging Industry” (GPI). Rengo will work to further enhance its supply system within the region.
Overview of Rengo Packaging Malaysia Sdn. Bhd.
Address No. 11, Jl. Trompet 33/8 Sek 33, Shah Alam, Selangor Darul
Ehsan 40400, MalaysiaRepresentative Hiroshi Onishi
Shareholders Rengo Co., Ltd. 100% Main business Manufacturing and sales of corrugated board and boxes Overview of Thai Containers Group Co., Ltd.
Address 1 Siam Cement Rd., Bangsue, Bangkok 10800, Thailand Representative Poramate Larnroongroj
Shareholders Rengo Co., Ltd. 30%
SCG Packaging Public Company Limited 70%Main business Manufacturing and sales of corrugated board and boxes, folding cartons,
and flexible packaging