Scientex Packaging to delist on March 25 under privatisation plan


KUALA LUMPUR: Plastic and packaging materials manufacturer Scientex Packaging (Ayer Keroh) Bhd (SciPack) shares will be removed from the official list of Bursa Malaysia Securities Bhd at 9 am on March 25, 2026, following the group’s plan for privatisation.

In a filing with Bursa Malaysia today, it said the removal was in pursuant to paragraph 16.07(b) of the Main Market Listing Requirements.

On Feb 27, 2026, SciPack shares were suspended as its major shareholder, Scientex Bhd, geared up for privatisation. Feb 26 was the last day of trading for SciPack. 

Scientex shareholders approved the plan to privatise the company on Nov 24, 2025, which involved a selective capital reduction and the offer of RM1.50 per share. - Bernama

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ringgit ends higher against most major currencies, weaker versus US dollar
Ringgit ends firmer vs major currencies, eases against greenback
Leong Hup International registers solid growth in 1Q26 profits
Heineken Malaysia sees soft market outlook
Malaysia auto sales rise 17% in April on higher production, new model launches
EPF’s 1Q investment income jumps 51% to RM27.73bil
SMG remains steadfast amid headwinds
Dutch Lady reports highest quarterly revenue in 1Q26
FBM KLCI extends losing streak ahead of earnings season amid cautious sentiment
Standard Chartered: Malaysia remains in strong position, 2026 GDP growth seen at 4.5%

Others Also Read