Scientex

Scientex registers record revenue, net profit for FY24, proposes 6 sen final dividend

PETALING JAYA: Global packaging manufacturer and property developer Scientex Bhd delivered record results for the financial year ended July 31, 2024 (FY24), with revenue increasing 9.8% to RM4.5 billion, and net profit surging 24.4% to RM545.2 million. The improved performance was primarily driven by robust demand in the property division, which recorded a 29.7% year-on-year increase in revenue to...

Scientex to acquire 960-acre land in Johor Bahru for affordable housing township

To build approximately 12,000 affordable homes in new Mukim Tebrau township SHAH ALAM: Global packaging manufacturer and leading property developer Scientex Berhad is proposing to acquire 960 acres of freehold land in Mukim Tebrau, Johor Bahru for RM547.7 million, further expanding its presence in affordable housing townships across the state. The Group’s subsidiary Scientex Lestari Sdn Bhd had...

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