hopefully, MFCBs packaging division recovers soon. I suspect it鈥檚 under price pressure possibly from import dumping of BOPP films in 2024, and maybe even more in 2025 as cheap BOPP from China floods the market following the U.S. tariff war
similar situation is unfolding in my country, Indonesia is going protectionism mode. it recently imposed anti-dumping duties on BOPP film imports from China and Malaysia
ironically $MFCB / 3069 (MEGA FIRST CORPORATION BERHAD) holds a 75% stake in STENTA which is subject to indonesian dumping duties (18,6%) even when the remaining 25% is held by Indonesian-listed $AKPI
PS im here because i own AKPI 馃槣
