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Scientex Bhd (STIK.KL)

STIK.KL on Kuala Lumpur Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Scientex bhd updates on sale and purchase agreement with Dahlia Utama Sdn Bhd
Wednesday, 28 Dec 2016 04:51am EST 

Scientex Bhd : Unit entered into sale and purchase agreement with Dahlia Utama Sdn Bhd for the proposed acquisition of two parcels of land . Deal for for a total cash consideration of RGT 123.6 million . Acquisition is not expected to have any material impact on the earnings and net assets of group for the fy ending 31 july 2017 . The proposed acquisition will be funded by internally generated funds and bank borrowings. Source (http://bit.ly/2hnmckg) Further company coverage: [STIK.KL] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Scientex says qtrly revenue 561.1 mln rgt
Monday, 26 Sep 2016 01:21am EDT 

Scientex Bhd :Qtrly revenue 561.1 million rgt versus 452.5 million rgt; qtrly net profit 54.1 million rgt versus 48.9 million rgt.  Full Article

Scientex Bhd reports qtrly net profit 61.3 mln RGT vs 43 mln RGT
Wednesday, 1 Jun 2016 12:52am EDT 

Scientex Bhd : Qtrly net profit 61.3 million RGT versus 43 million RGT; qtrly revenue 543.9 million RGT versus 455.3 million RGT . Proposed dividend 12 sen per share .  Full Article

Scientex Bhd's Scientex Packaging Film to acquire Mondi Ipoh
Tuesday, 4 Aug 2015 08:00pm EDT 

Scientex Bhd:Says a subsidiary, Scientex Packaging Film Sdn Bhd (SPFSB) entered into a share purchase agreement with Mondi Consumer Packaging International GmbH to acquire 21,045,316 shares of 1.00 Ringgit each in the capital of Mondi Ipoh Sdn Bhd.It is representing the entire issued and paid-up share capital of Mondi Ipoh Sdn Bhd for a purchase consideration of 58 mln Ringgits only to be satisfied entirely via cash.  Full Article

Scientex Bhd announces ownership interest of TM Lim Sdn Bhd
Wednesday, 8 Jul 2015 08:00pm EDT 

Scientex Bhd:Says TM Lim Sdn Bhd holds 11,831,496 shares which represents 5.238 pct of the direct units of the company.  Full Article

Scientex Bhd announces dissolution of Scientex Polymer (Vietnam) Co., Ltd.
Tuesday, 30 Jun 2015 08:00pm EDT 

Scientex Bhd:Says that Scientex Polymer (Vietnam) Co., Ltd. (SPV), wholly-owned subsidiary of Scientex Polymer Sdn Bhd in Vietnam, which in turn is wholly-owned subsidiary of Scientex, which had turned dormant, had on 1 July 2015 commenced procedures of dissolution of company.And announced decision on dissolution to relevant parties and authorities, among others, the Ho Chi Minh City Export Processing and Industrial Zones Authority (HEPZA).Accordingly, SPV shall be dissolved upon discharge of all debts and receipt of an official decision for dissolution from HEPZA.  Full Article

Scientex Bhd declares single tier interim dividend
Sunday, 28 Jun 2015 08:00pm EDT 

Scientex Bhd:Declares a single tier interim dividend of 18% or 9 sen per ordinary share (single tier interim dividend for 2014 of 16 pct or 8 sen per ordinary share).Payable on Aug. 7.  Full Article