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February 1, 2018

Rengo Joint Venture, Thai Containers Group, Acquires Shares in Subsidiary Companies

Rengo Co., Ltd. (Head Office: Kita-ku, Osaka; Chairman, President & CEO: Kiyoshi Otsubo) announces that Thai Containers Group Co., Ltd., a joint venture between Rengo and SCG Packaging Public Company Limited (a subsidiary of The Siam Cement Public Company Ltd.), has completed the acquisition of a 25% stake from an individual shareholder in Dyna Packs Co., Ltd. and Orient Containers Co., Ltd., both corrugated packaging subsidiaries of Thai Containers Group located in Samut Sakhon Province. Through this acquisition, both companies have been made wholly-owned subsidiaries of Thai Containers Group.

The corrugated packaging business in Southeast Asia, including Thailand, is an important strategic focus for the overseas operations of the Rengo Group as a “General Packaging Industry” (GPI) that positions overseas operations as one of its core businesses. Rengo will work to further enhance its supply system within the region.


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

Overview of Dyna Packs Co., Ltd.

Address 297/2 Moo 2 Soi Wiroonrat, Setthakit Rd.,
Aom-Noi, Kratumban, Samutsakorn 74130, Thailand
Representative

Poramate Larnroongroj

Shareholders  Thai Containers Group Co., Ltd. 100%
Main business Manufacturing and sales of corrugated board and boxes

Overview of Orient Containers Co., Ltd.

Address 12/5, 12/8 Moo 8 Soi Liabklongchonpratan-suansom, Phraram 2 Rd.,
Bankoh, Samutsakorn 74000, Thailand
Representative

Poramate Larnroongroj

Shareholders  Thai Containers Group Co., Ltd. 100%
Main business Manufacturing and sales of corrugated board and boxes