Scientex Bhd News Today

KUALA LUMPUR: Scientex Bhd reported a higher bottomline of RM141.01mil in 2QFY24, up from RM106.29mil in 2QFY23, while earnings per share rose to 9.09 sen from 6.85 sen.

KUALA LUMPUR: Scientex Bhd is expecting a sustainable performance in its packaging division for the coming year, while projecting resilient demand for its property division.

PETALING JAYA: Scientex Bhd aims to acquire more land in high-potential regions across Peninsular Malaysia with substantial demand for affordable homes.

Scientex Bhd recorded a weaker bottomline in the final quarter of its 2023 financial year as its packaging business experienced softer market demand across its product segments.

KUALA LUMPUR: Scientex Bhd's indirect subsidiary Scientex Lestari Sdn Bhd has entered into a conditional sales and purchase agreement with Seriemas Development Sdn Bhd for the proposed acquisition of six parcels of freehold land in Mukim Senai in Kulai, Johor, for RM299.84mil.

KUALA LUMPUR: Scientex Bhd has proposed to acquire 960 acres of freehold land in Mukim Tebrau, Johor Bahru for RM547.7mil, further expanding its presence in affordable housing townships across the state.

KUALA LUMPUR Scientex Bhd is cautiously optimistic over its performance in the current financial year, even as it cautioned that global demand for its products could be affected by weaker demand over the near term.

KUALA LUMPUR: Westports Holdings Bhd has been included in the FTSE Bursa Malaysia (FBM) KLCI following the semi-annual review of the FBM index series.

KUALA LUMPUR: Scientex Bhd has entered into a joint venture with Indonesia's Mustika Land and Japan's Creed Group as it makes its maiden foray into building affordable homes in Indonesia.

Here is a brief recap of some corporate announcements that made the news on Tuesday (March 21) involving Star Media Group Bhd, Malakoff Corporation Bhd, Gas Malaysia Bhd, Lotte Chemical Titan Holding Bhd, GDB Holdings Bhd, Revenue Group Bhd, Classita Holdings Bhd, Poh Kong Holdings Bhd, Dayang Enterprise Holdings Bhd, and Scientex Bhd.