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KIAN JOO GROUP
Transforming Packaging Solutions Across ASEAN
Packaging is part and parcel of marketing a product. Well-designed packaging enhances the product’s marketability and strengthens a brand’s position in the market. Kian Joo Can Factory Berhad (003186P) (“Kian Joo” or “the Company”) is one of the few companies in Malaysia that has the capabilities to implement packaging solutions that deliver freshness, convenience, and security for food and consumer products.
Packaging giant Kian Joo’s success story began in 1956. Founded by the late Mr. See Boon Tay in 1956 with a few close friends, the Company was incorporated under the name of Kian Joo Can Factory Limited on 18th March 1958 with an authorized capital of RM500,000 and a paid-up capital of RM240,000.
Read More
KIAN JOO GROUP
Transforming Packaging Solutions Across ASEAN
Packaging is part and parcel of marketing a product. Well-designed packaging enhances the product’s marketability and strengthens a brand’s position in the market. Kian Joo Can Factory Berhad (003186P) (“Kian Joo” or “the Company”) is one of the few companies in Malaysia that has the capabilities to implement packaging solutions that deliver freshness, convenience, and security for food and consumer products.
Packaging giant Kian Joo’s success story began in 1956. Founded by the late Mr. See Boon Tay in 1956 with a few close friends, the Company was incorporated under the name of Kian Joo Can Factory Limited on 18th March 1958 with an authorized capital of RM500,000 and a paid-up capital of RM240,000.
Read MoreBOX-PAK (MALAYSIA) BHD
A leading entrenched carton box manufacturer in Asean region
The Company achieved a new milestone when its Subsidiary, Box-Pak (Malaysia) Bhd (www.boxpak.com.my) was listed on the Main Market of Bursa Securities on 6 June 1996. Box-Pak (Malaysia) Bhd (“Box-Pak”) was incorporated on 28 December 1974 by See Teow Chuan, See Teow Guan and See Tian Yong as a private limited company. It operated from a rented factory in Kuala Lumpur with second-hand machines producing single walled carton until 1984 when it acquired its first factory and installed a high-speed corrugated machine with 15,000Mt annual capacity.
As its business expended, the company moved into its current premise at Batu Caves in 1993 and invested RM25 million in new high speed Fully Automatic Computerised Corrugating Machines from Isowa, Japan and Marquip, USA, a combination that made the factory the most “modern carton plant” in the Asia-Pacific region then.
BOX-PAK (MALAYSIA) BHD
A leading entrenched carton box manufacturer in Asean region
The Company achieved a new milestone when its Subsidiary, Box-Pak (Malaysia) Bhd (www.boxpak.com.my) was listed on the Main Market of Bursa Securities on 6 June 1996. Box-Pak (Malaysia) Bhd (“Box-Pak”) was incorporated on 28 December 1974 by See Teow Chuan, See Teow Guan and See Tian Yong as a private limited company. It operated from a rented factory in Kuala Lumpur with second-hand machines producing single walled carton until 1984 when it acquired its first factory and installed a high-speed corrugated machine with 15,000Mt annual capacity.
As its business expended, the company moved into its current premise at Batu Caves in 1993 and invested RM25 million in new high speed Fully Automatic Computerised Corrugating Machines from Isowa, Japan and Marquip, USA, a combination that made the factory the most “modern carton plant” in the Asia-Pacific region then.
BOX-PAK (MALAYSIA) BHD
A leading entrenched carton box manufacturer in Asean region
The Company achieved a new milestone when its Subsidiary, Box-Pak (Malaysia) Bhd (www.boxpak.com.my) was listed on the Main Market of Bursa Securities on 6 June 1996. Box-Pak (Malaysia) Bhd (“Box-Pak”) was incorporated on 28 December 1974 by See Teow Chuan, See Teow Guan and See Tian Yong as a private limited company. It operated from a rented factory in Kuala Lumpur with second-hand machines producing single walled carton until 1984 when it acquired its first factory and installed a high-speed corrugated machine with 15,000Mt annual capacity.
As its business expended, the company moved into its current premise at Batu Caves in 1993 and invested RM25 million in new high speed Fully Automatic Computerised Corrugating Machines from Isowa, Japan and Marquip, USA, a combination that made the factory the most “modern carton plant” in the Asia-Pacific region then.
Can-One International Sdn. Bhd.
On 14 February 2019, Can-One International Sdn. Bhd. (“CISB”), through AmInvestment Bank Berhad, made a conditional mandatory take-over offer to acquire all the remaining ordinary shares in the Company at a cash consideration of RM 3.10 per ordinary share pursuant to Paragraph 9.10 (1) of the Rules and Take-overs, Mergers and Compulsory Acquisitions.
On 18 March 2019, CISB became the immediate holding company of the Company. The entire issued share capital of the Company had been removed from the Official List of Bursa Securities on 16 May 2019 pursuant to Paragraph 16.07 (a) of the Listing Requirements. On 28 June 2019, CISB had completed the compulsory acquisition of the remaining offer shares held by the dissenting shareholders in accordance with Section 222 (1) of the Capital Markets and Services Act 2007.
Consequence of the veto, the Company is an indirect wholly-owned Subsidiary of Can-One Berhad (www.canone.com.my), a Company listed on the main market of Bursa Securities.
Can-One International Sdn. Bhd.
On 14 February 2019, Can-One International Sdn. Bhd. (“CISB”), through AmInvestment Bank Berhad, made a conditional mandatory take-over offer to acquire all the remaining ordinary shares in the Company at a cash consideration of RM 3.10 per ordinary share pursuant to Paragraph 9.10 (1) of the Rules and Take-overs, Mergers and Compulsory Acquisitions.
On 18 March 2019, CISB became the immediate holding company of the Company. The entire issued share capital of the Company had been removed from the Official List of Bursa Securities on 16 May 2019 pursuant to Paragraph 16.07 (a) of the Listing Requirements. On 28 June 2019, CISB had completed the compulsory acquisition of the remaining offer shares held by the dissenting shareholders in accordance with Section 222 (1) of the Capital Markets and Services Act 2007.
Consequence of the veto, the Company is an indirect wholly-owned Subsidiary of Can-One Berhad (www.canone.com.my), a Company listed on the main market of Bursa Securities.
Can-One International Sdn. Bhd.
On 14 February 2019, Can-One International Sdn. Bhd. (“CISB”), through AmInvestment Bank Berhad, made a conditional mandatory take-over offer to acquire all the remaining ordinary shares in the Company at a cash consideration of RM 3.10 per ordinary share pursuant to Paragraph 9.10 (1) of the Rules and Take-overs, Mergers and Compulsory Acquisitions.
On 18 March 2019, CISB became the immediate holding company of the Company. The entire issued share capital of the Company had been removed from the Official List of Bursa Securities on 16 May 2019 pursuant to Paragraph 16.07 (a) of the Listing Requirements. On 28 June 2019, CISB had completed the compulsory acquisition of the remaining offer shares held by the dissenting shareholders in accordance with Section 222 (1) of the Capital Markets and Services Act 2007.
Consequence of the veto, the Company is an indirect wholly-owned Subsidiary of Can-One Berhad (www.canone.com.my), a Company listed on the main market of Bursa Securities.