Scientex registers RM106.29mil net profit in 2Q on higher property sales

KUALA LUMPUR: Scientex Bhd is exploring opportunities to expand into new markets in Southeast Asia as its property division continues to register robust demand for affordable housing in Malaysia.

"In our property division, the improved authority approval process, gradual easing of labour shortages, and pause in interest rate hike by Bank Negara Malaysia support a better outlook for the sector.