Daibochi Plastic secures regulatory approval for Myanmar JV

Daibochi Plastic and Packaging Industry Berhad has secured regulatory approval from the Myanmar Investment Commission (MIC) for its joint venture (JV) company, Daibochi Packaging (Myanmar) Company Limited (DPM), to commence operations. The company said in a press statement today that DPM is a JV between its wholly-owned subsidiary, Daibochi Flexibles Sdn Bhd and Myanmar Smart […]

Daibochi to Invest RM29m for 60% Stake in Myanmar JV

KUALA LUMPUR: Daibochi Plastic and Packaging Industry Bhd (Daibochi) yesterday signed a memorandum of agreement (MoA) with Myanmar Smart Pack Industrial Company Ltd (MSP) to invest US$6.8 million (RM29.4 million) in its first joint venture (JV) to manufacture flexible consumer packaging outside of Malaysia. Daibochi, through its wholly-owned subsidiary Daibochi Flexibles Sdn Bhd and MSP, […]