KUALA LUMPUR (March 18): Plastic and packaging materials manufacturer Scientex Packaging (Ayer Keroh) Bhd's (KL:SCIPACK) shares will be removed from the official list of Bursa Malaysia Securities Bhd at 9am on March 25, following the group’s plan for privatisation. In a filing with Bursa Malaysia on Wednesday, it said the removal is in pursuant to Paragraph 16.07(b) of the Main Market Listing Requirements. On Feb 27, SciPack shares were suspended as its major shareholder, Scientex Bhd (KL:SCIENTX), geared up for privatisation. 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. Read also:Trading of Scientex Packaging shares to be suspended from Feb 27

Source: The Edge Markets March 18, 2026 09:28 UTC