** Shares of Pro-Pac Packaging PPG.AX surge 30% to A$0.026, set for their best day in three months
** Packaging company appoints turnaround specialist David Hewish as chief transformation officer
** Says conducting strategic review of its businesses, implementing plans for improved profitability
** Almost 4 mln shares traded vs 30-day average of 118,800
** Despite the surge, PPG is still down ~26% YTD
(Reporting by Adwitiya Srivastava in Bengaluru)
((Adwitiya.Srivastava@thomsonreuters.com))
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