The plant will be located on four acres of leasehold land. Credit: jaymethunt via Pixabay.

Packaging solutions provider DS Sigma Holdings has announced the acquisition of a significant parcel of industrial land in Selangor, Malaysia.  

The company’s subsidiary, Dai Suwon Packaging, has finalised a sale and purchase agreement with UMW Development for approximately RM12.20m ($2.65m).  

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This strategic move is set to bolster Sigma’s manufacturing capabilities in anticipation of the growing packaging demand from the solar industry. 

Situated within the UMW High Value Manufacturing Park in Serendah, the four-acre leasehold land will be the site of Sigma’s new factory.  

This facility is planned to produce large paper packaging products and related materials, catering to the needs of the PV sector in the northern region of Peninsular Malaysia. 

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Sigma managing director Lucille Teoh Soo Lien said: “The decision to establish our new factory in Serendah is perfectly aligned with the growth strategies of the group as we venture into new industries and further diversify our customer base ensuring sustained business growth.  

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“The new factory not only expands our manufacturing capabilities but also strategically positions us in close proximity to new customers. This ensures a steady and reliable supply of packaging products while opening new avenues to explore mutually beneficial partnerships with businesses already established within the area.” 

Sigma is engaged in producing corrugated paper packaging products, including cartons, protective packaging, and paper pallets.  

It also supplies non-paper-based protective packaging products such as foam, plastic, and rubber, among others. 

The company’s other subsidiaries include Dai Suwon Manufacturing and Kaisung Industries.