Thong Guan Industries Berhad, an investment holding company, manufactures and trades in plastic products and packaged food, beverages, and other consumable products in Malaysia, other Asian countries, Oceania, Europe, North America, and internationally. The company operates through Plastic Products; and Food, Beverages, and Other Consumable Products segments. Its products include stretch and maxstretch films; bottom seal poly bags, side seal with adhesive tape and drum seal, garbage bags, bags and sheets perforated on roll, punch and pin hole, non-entrapment seal, apron, stretch hood, side seal, produce roll, header block, carry and shopping bags, laminated barrier films, form-fill seal sheet, and collation shrink films for industrial and commercial use; tinted food wraps; and additives, such as calcium carbonate, colour masterbatches, and polymer processing aid. The company also manufactures and trades in tea, coffee, and other related products, as well as flour-based dried and steamed noodles. In addition, it is involved in the manufacturing, selling, and trading of film blown plastic products; wholesale of rice; trading of petroleum products; and operation of research and development center for plastic packaging industry. Further, it offers IPAK5, an IoT solution, used in packaging and safety capacity. The company serves the food and beverages, industrial and packaging, transport and logistics, waste and energy, retail and ecommerce, consumer packaging, and hygiene and medical industries. Thong Guan Industries Berhad was founded in 1942 and is headquartered in Sungai Petani, Malaysia.
Malaysian Market Performance
7D7 Days: -0.1%
3M3 Months: 0.8%
1Y1 Year: -9.3%
YTDYear to Date: -8.1%
Over the last 7 days, the market has remained flat, although notably the Materials sector gained 6.4% in that time. As for last year, the market is down 9.3%. Earnings are forecast to grow by 8.6% annually. Market details ›
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