Tomypak Flexible Packaging Sdn Bhd: Company Profile

Background

Overview

Established in 1979, Tomypak Flexible Packaging Sdn Bhd is a leading manufacturer and seller of flexible packaging materials, including printed polyethylene and polypropylene films and sheets, based in Johor Bahru, Malaysia. The company was listed on Malaysia's main stock exchange in 1996. In 2003, Tomypak became the first flexible packaging company in Malaysia to be HACCP certified for food safety.

Mission and Vision

Tomypak's mission is to be the leading flexible food packaging materials company in Malaysia, striving for consistent quality delivery to ensure long-term relationships, trust, and continuous support from customers. The company's vision is to be the leader in high barrier vacuum metallizing packaging materials in its chosen market.

Industry Significance

As a pioneer in the flexible packaging industry in Malaysia, Tomypak has played a significant role in advancing packaging solutions for the food and beverage sector, contributing to the industry's growth and development.

Key Strategic Focus

Core Objectives

To lead in high barrier vacuum metallizing packaging materials.

To provide consistent quality and timely delivery to build long-term customer relationships.

Areas of Specialization

Flexible packaging materials for the food and beverage industry.

High barrier vacuum metallizing packaging materials.

Key Technologies Utilized

High-speed gravure printing presses (7 to 12 colors).

Dry lamination, extrusion lamination, and solventless lamination.

Flexographic printing technology (acquired Koenig & Bauer Flexotecnica EVOXD 8 in 2017).

Primary Markets Targeted

Local market within Malaysia.

Export markets in Southeast Asia and globally.

Financials and Funding

Funding History

Listed on Malaysia's main stock exchange in 1996.

Acquired a 70% stake in EB Packaging Sdn Bhd for RM73.5 million in November 2023.

Recent Funding Rounds

In May 2026, Tomypak exercised a call option to acquire an additional 10% equity interest in EB Packaging Sdn Bhd for RM6.69 million, increasing its shareholding to 90%.

Notable Investors

Specific investor details are not publicly disclosed.

Utilization of Capital

Expansion of production capacity.

Enhancement of product portfolio.

Strengthening market presence.

Pipeline Development

Key Pipeline Candidates

Integration of EB Packaging Sdn Bhd's capabilities in cast films, blown films, and protective packaging.

Stages of Development

Completed acquisition of a 70% stake in EB Packaging Sdn Bhd in November 2023.

Acquired an additional 10% stake in May 2026, bringing total ownership to 90%.

Target Conditions

Expansion into industrial packaging markets.

Anticipated Milestones

Full integration of EB Packaging's operations.

Expansion of product offerings in the industrial packaging sector.

Technological Platform and Innovation

Proprietary Technologies

High-speed gravure printing presses.

Flexographic printing technology.

Significant Scientific Methods

Advanced lamination techniques: dry, extrusion, and solventless.

AI-Driven Capabilities

Specific AI-driven capabilities are not publicly disclosed.

Leadership Team

Key Executives

Yong Kwet On: Non-Independent Non-Executive Director.

Ignatius Ong Ming Choy: Managing Director.

Azmi Bin Arshad: Non-Independent Non-Executive Director.

Datuk Christopher Wan Soo Kee: Independent Non-Executive Director.

Ahmad Feizal bin Sulaiman Khan: Independent Non-Executive Director.

Professional Backgrounds and Contributions

Yong Kwet On: Over 40 years of experience in the Technology and ICT industry, involved in large-scale data center infrastructure projects and technology implementations across Asia and Europe.

Ignatius Ong Ming Choy: Managing Director with extensive experience in the packaging industry, leading Tomypak's strategic direction and operations.