CNN 6.25% 15.0¢ cardia bioplastics limited

much more interested in their 50% investment in Akronn...

  1. 12,605 Posts.
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    much more interested in their 50% investment in Akronn (silcone-coated paper !) and their manufacturing capacity and technology in Malaysia

    As I said will wait to get more info on this and why both parties think this is a good step for both companies

    Maybe the synergies are so good that a merger is more advantageous than just doing JV projects ?

    Cardia has been shifting into the personal hygiene market and Stellar certainly is in that - combine the two and hopefully the can launch a new product range and corner a slice of that huge market ?
 
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