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

GDB bags RM115.5mil new water treatment plant project in Sarawak
Bursa Malaysia, subsidiaries to be closed in conjunction with Hari Raya Aidilfitri
World Bank's International Finance Corp invests RM60mil in Sunway Healthcare's IPO�
Ringgit extends gains against greenback amid softer oil prices
Gas Malaysia gets EC nod to proceed with Yan regasification terminal project
Bursa Malaysia ends higher tracking regional gains, KLCI up 1.1%
Eckem gets Bursa's approval for ACE Market listing
Aquawalk signs 30-year lease for Aquaria KK project
Solarvest unit inks RM89.5mil contract for 36MWac solar plant in Perlis
Paramount acquires land from IOI Properties for RM257.89mil

Others Also Read