Nippon Paper Industries Co., Ltd. (TSE:3863) acquired 70% stake in TS Plastics Sdn. Bhd. on March 25, 2019. TS Plastics Sdn. Bhd. reported sales of MYR 74 million in 2018. Macquarie Capital Securities Limited acted as financial advisor to Nippon Paper Industries Co., Ltd. Nippon Paper Industries Co., Ltd. (TSE:3863) completed the acquisition of 70% stake in TS Plastics Sdn. Bhd. on March 25, 2019.