Greenlam Industries’ wholly owned subsidiary -- Greenlam Asia Pacific Pte. and Greenlam Industries SDN. BHD., a wholly owned subsidiary of Greenlam Asia Pacific Pte., have jointly acquired the entire 33% local shareholding of PT. Greenlam Indo Pacific, a subsidiary of Greenlam Asia Pacific Pte. in Indonesia. The stake has been acquired at a consideration of 825 million Indonesian Rupiah.
Greenlam Asia Pacific Pte. earlier held 67% shareholding in the PT. Greenlam Indo Pacific. Post this acquisition, the collective shareholding of Greenlam Asia Pacific Pte. and Greenlam Industries SDN. BHD. stands at 100%. Consequently, the PT. Greenlam Indo Pacific has become a wholly owned (step-down) subsidiary of the company.
Greenlam Industries is one of the leading laminate manufacturers and Asian market leader in decorative laminates. It is a decorative Laminates manufacturer which ensures superior design, quality and systems.
| Company Name | CMP |
|---|---|
| Greenlam Industries | 227.95 |
| Stylam Industries | 2640.25 |
| Rushil Decor | 17.34 |
| Euro Pratik Sales | 278.55 |
| Alfa Ica (India) | 78.22 |
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