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Affin Hwang maintains Buy on Scientex, cuts TP to RM9.90

KUALA LUMPUR: Affin Hwang Capital research said Scientex's 9MFY19 core net profit of RM219mil, 17% higher year-on-year, came within its and market expectations.

Scientex aggressively expanding land bank

PACKAGING materials maker and property developer Scientex Bhd is aggressively stocking up on its land bank, at a time when most developers are taking it slow when it comes to acquiring and developing land due to the overhang in properties.

Daibochi revises dividend policy

KUALA LUMPUR: Daibochi Bhd has revised its dividend policy to pay out annual dividend of not less than 30% of the group's normalised reported net profit attributable to shareholders for the financial year.

Top 40 Richest Malaysians: Part 5

THANKS to rising profits, the net worth of industrial stretch film producer Scientex’s founding family increased by some 6% last year, pushing them up six rungs from a year earlier.

Affin Hwang maintains Buy on Scientex, TP of RM10.10

KUALA LUMPUR: Affin Hwang Capital research has reiterated its buy call for Scientex Bhd with an unchanged target price of RM10.10 on the back of its recent flat earnings announcement.