Thursday 17 Sep 2026
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KUALA LUMPUR (Feb 13): Trading of Scientex Packaging (Ayer Keroh) Bhd (KL:SCIPACK) shares will be suspended from Feb 27, 2026 as its major shareholder, Scientex Bhd (KL:SCIENTX), moves to take the company private. 

The last day for trading will be Feb 26, 5pm, and the entitlement date for its selective capital reduction (SCR) is March 2, 5pm.

Shareholders approved Scientex’s plan to privatise the company in November 2025. The plan offers RM1.50 per share. Scientex had tried to fully privatise the company in 2021, raising its stake to 72%, short of the 90% needed to delist.

Scientex originally bought a 42% stake in 2019 when the company was known as Daibochi Bhd. After the SCR, Scientex Packaging will apply to delist from Bursa Malaysia.

Earlier the shares were up one sen or 0.67% to RM1.50, valuing the company at RM526.8 million.

Edited ByPresenna Nambiar
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