Miti Stock – Mr. Wichan Jitpakdee, CEO of SCG Packaging Public Company Limited or SCGP, revealed that the company has purchased a 70% stake in Starprint Vietnam JSC (“SPV”), which holds shares through SCGP Solutions (Singapore) Pte. Ltd. ., a subsidiary and including the above transactions, the payments amounted to a total of VND 676.08 billion. (equivalent to about 987.07 million baht)
Meanwhile, the Board of Directors of Starflex Public Company Limited or SFLEX has approved the investment in 25% of Starprint Vietnam JSC (“SPV”), which holds shares through SFLEX Investment Pte. Ltd., a subsidiary. It paid a total investment of VND 241.46 billion. (equivalent to about 352.53 million baht)
“SPV” is a leading manufacturer of folding packaging boxes in Vietnam. Which has the capacity to produce 16,500 tons of offset packaging per year and 8 million static packaging boxes per year. Its two production bases are located in Long Binh Industrial Park (Amata) in Dong Nai Province, South Vietnam.
In addition, SPV continues to have a majority customer base of nationally and globally recognized companies in the fast-growing consumer products market.
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