Ideal Jacobs chairman, CEO to undertake management buyout


KUALA LUMPUR: Ideal Jacobs (Malaysia) Corporation Bhd's top two officials are buying out the company's existing business for cash consideration to be determined later.

Ideal Jacobs said its chairman Andrew C. Jacobs and managing director Ben B. Meng would be buying over the core businesses which include graphic overlays, name plates, customs labels, injection moulder parts and die cut components.

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