A worker attending the production machine at SCGM plant in Kulaijaya, Jojhor.
KUALA LUMPUR: Food packaging manufacturer SCGM Bhd
has entered into a conditional share sale agreement (SSA) with Mitsui & Co Ltd and FP Corp (FPCO) to dispose of its 100% stake in Lee Soon Seng Plastic Industries (LSSPI) for RM544.38mil cash.
In a filing with Bursa Malaysia, SCGM said LSSPI is its sole subsidiary and represented the entire core business of the group.
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