Scientex to become regional consumer packaging player

PETALING JAYA: Scientex Bhd’s plans to become a regional consumer packaging player and the world’s third-largest industrial stretch film maker would materialise this year, said UOB KayHian in a report.

The industrial packaging and property company’s shares surged to all-time high on Dec 29 last year, after the company’s net profit doubled in the first quarter ended Oct 31, 2015 from a year earlier.