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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, Malaysia
Representative

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 Limited Company 70%
Main business Manufacturing and sales of corrugated board and boxes, folding cartons,
and flexible packaging