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Scientex Proposes RM147.8mil Capital Reduction and Repayment for SciPack
By Administrator
Published on 09/13/2025 08:00
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Scientex Bhd has submitted a proposal for Scientex Packaging (Ayer Keroh) Bhd (SciPack) to carry out a selective capital reduction (SCR) and repayment exercise valued at RM147.82 million. According to a Bursa Malaysia filing, as of September 11, 2025, SciPack’s issued share capital stood at RM222.36 million, comprising 350.62 million shares. Scientex currently holds a 71.89% stake, or 252.07 million shares, while the remaining 28.11% or 99.55 million shares are held by entitled shareholders. The exercise aims to streamline ownership and may pave the way for further corporate restructuring.

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