An insight from an insider
... with PJ Lim, Managing Director
“Indeed, much has been achieved in the past
45 years... Together, I believe that we are poised for greater things in the future.”
What is the significance of Scientex achieving an annual revenue of RM1 billion?
We reached this historic landmark in June 2013 after 45 years of steady and sustained
growth. Concurrently, our market capitalisation has also breached the one billion
ringgit mark. We are now a BILLION RINGGIT company!
Yet, far from being an end in itself, reaching these goals is merely the beginning.
As a company, it is critical that we acknowledge that Scientex now belongs in a
different league. Being a billion ringgit company comes with new expectations and
fresh challenges. It places us on the radar of the international investment community.
More importantly, we have a platform to accelerate our growth beyond what we have
seen over the past few decades. It gives us an opportunity we should seize!
What are the achievements and future prospects of the Manufacturing Division?
Industrial packaging is a major engine of growth for Scientex. We have achieved
rapid expansion since the start of our packaging operations to emerge as one of
the top three producers of industrial stretch film in the world. Our recent acquisition
of the Great Wall companies represents another major milestone as we seek to grow
our earnings and create long term value for our stakeholders. This has opened up
a new and exciting frontier in consumer packaging through Great Wall’s established
brand positioning in the domestic and international marketplace. We are now able
to derive greater economies of scale, improve our margins through costs savings
and achieve synergistic efficiencies through greater operational integration of
the plants. I am optimistic over the Group’s future prospects as we seek to enlarge
our footprint in the rapidly growing global consumer packaging sector.
Where is Scientex today in terms of property development?
Our second engine of growth is the property development division, which has set
its sights on becoming a premier property developer in the southern peninsular states
of Johor and Melaka. When Scientex first ventured into property development in 1995,
we were building medium cost and affordable housing to cater to the mass market.
To date, we have built more than 7,000 affordable homes in our flagship development
of Taman Scientex Pasir Gudang in Johor. Our success has given us the confidence
to venture into niche and lifestyle products which we are now showcasing in Taman
Mutiara Mas, Skudai, Taman Scientex Kulai – both in Johor - and in Taman Muzaffar
Heights, Ayer Keroh, Melaka. This strategy to capitalise on niches in property development
is a step in the right direction. To set us apart from the rest, we are now targeting
suitable locations to build iconic landmarks in Johor which we hope will be the
talking and focal point of the community in the years to come.
What is next for Scientex?
Behind the successes of our manufacturing and property development divisions is
our corporate philosophy of ‘management like water’ and corporate culture as reflected
by our tagline of “healthy, friendly & happy”. They provide the basis and foundation
behind everything we do and will continue to do so even as we set new goals for
ourselves in the medium and long term. Going forward, Scientex is adding another
feature to its way of life. We will put in place a democratic workplace that over
the next five years will stimulate dynamism and innovation by attracting the best
young talents from around the world. This is a workplace that promotes freedom,
encourages expression and rewards innovation towards drawing the line between ourselves
and other companies. Now that we have achieved annual revenue of RM1 billion, our
next objective is to build on our efforts and our achievements. As such, Scientex
intends to double up in the next five years what we have achieved over the past
Tan Sri Dato' Mohd Sheriff Bin Mohd Kassim
Chairman & Independent Non-Executive Director
Lim Peng Jin
Lim Peng Cheong
Non-Independent Non-Executive Director
Cham Chean Fong @
Sian Chean Fong
Independent Non-Executive Director
Tan Sri Dato’ Mohd Sheriff Bin Mohd Kassim, a Malaysian, male, aged 78, is an Independent Non-Executive Director and Chairman of the Company. He was appointed to the Board as Non-Executive Chairman on 20 June 2003. He is also the Chairman of the Board’s Audit Committee, Nomination and Remuneration Committee and Risk Management Committee and serves on the Board of Trustees of Scientex Foundation.
Tan Sri Dato’ Mohd Sheriff graduated with a Bachelor of Arts (Honours) Economics degree from University of Malaya in 1963 and a Diploma in Economic Development from Oxford University, United Kingdom in 1969. He graduated with a Master of Arts in Economics from Vanderbilt University, USA in 1974.
He served as the Secretary General of Treasury, Ministry of Finance for 3 years from 1991 to 1994 and as Managing Director of Khazanah Nasional Berhad for 9 years from 1994 to 2003. He was a former Director of United Engineers (Malaysia) Berhad, RHB Bank Berhad and former Chairman of Renong Berhad, Projek Penyelenggaraan Lebuhraya Berhad, PLUS Expressways Berhad, Malaysian Institute of Economic Research, Manulife Holdings Berhad, Standard Chartered Bank Malaysia Berhad and Standard Chartered Saadiq Berhad. He was also a former President of the Malaysian Economic Association.
He also sits on the Board of PLUS Malaysia Berhad as Non-Executive Director and Chairman and Yayasan UEM as Non-Executive Director. He is also a Non-Executive Chairman of Warisan Pinang Sdn Bhd, a property development company.
Lim Peng Jin, a Malaysian, male, aged 50, is currently the Managing Director of the Company. He was appointed to the Board on 20 January 1995 as the Group Executive Director and was re-designated as Managing Director on 6 November 2001. He is also a member of the Board’s Risk Management Committee and serves on the Board of Trustees of Scientex Foundation.
Lim Peng Jin graduated with a Bachelor of Science (Honours) in Chemical Engineering from the University of Tokyo, Japan in 1990. He began his career in the chemical industry in Japan before joining the Company in 1991. He had also completed a course in Programme Management Development at Harvard University, USA in 1998. He has local and international working experience in the field of polymer and chemicals during the early years of his career and is very hands-on in the business of Scientex Group of Companies involving packaging, property, polymer and chemicals industries for the past 20 years. The success of the Group owes much to his extensive involvement in its operations and management.
Lim Peng Cheong, a Malaysian, male, aged 55, is a Non-Independent Non-Executive Director of the Company. He was appointed to the Board as an Executive Director on 9 September 1988, and has held this position until 10 November 2003 when he was re-designated as Non-Executive Director. He graduated with a Bachelor of Science (Honours) in Business Studies from the City University, London, UK in June 1984. He is currently the Managing Director of Malacca Securities Sdn Bhd.
Cham Chean Fong @ Sian Chean Fong, a Malaysian, male, aged 49, is an Independent Non-Executive Director of the Company. He was appointed to the Board on 24 May 2001 as a Non-Executive Director. He is also a member of the Board’s Audit Committee, Nomination and Remuneration Committee. He graduated with a LLB (Honours) from Bristol Polytechnic, UK in 1991 and obtained a Certificate of Legal Practice in 1993. He was called to Bar in September 1995 and since then, he has been in private practice. Currently, he is a partner of a law firm in Kuala Lumpur.
Ang Kim Swee
Independent Non-Executive Director
Dato' Noorizah Binti Hj Abd Hamid
Independent Non-Executive Director
Wong Chin Mun
Independent Non-Executive Director
Ang Kim Swee, a Malaysian, male, aged 59, is an Independent Non-Executive Director. He was appointed to the Board on 17 December 2014. He is also a member of the Board’s Audit Committee and Risk Management Committee.
Ang Kim Swee graduated with Diploma in Accounting and Costing LCCI Higher. He is a Registered Financial Planner and a Chartered Financial Consultant registered with The Malaysian Insurance Institute. He is also an Audit Committee Member of The Institute of Internal Auditors Malaysia. He has attended Premier Business Management Program organised by Harvard Club of Malaysia in 2015. He has more than 30 years of working experience in various capacities including senior management roles in the areas of finance, costing, information technology systems and administration. Presently, he is the General Manager (Finance) of Meditop Corporation (M) Sdn Bhd, a well established Japanese corporation with international track records in manufacturing and sales of disposable medical devices and healthcare products. He is a pioneer since 1990 and is primarily responsible for the management of financial affairs of the company.
Dato’ Noorizah Binti Hj Abd Hamid, a Malaysian, female, aged 57, is an Independent Non-Executive Director of the Company. She was appointed to the Board as a Non-Executive Director on 7 November 2016. She is also a member of the Board’s Audit Committee.
Dato' Noorizah Binti Hj Abd Hamid graduated with a Diploma in Accountancy from MARA Institute of Technology in 1980, a Bachelor of Science Degree in Business Administration (Finance) and a Master Degree in Business Administration (Finance and Management) from Central Michigan University, United States of America in 1982 and 1984 respectively.
She was the former Managing Director/Chief Executive Officer of PLUS Expressways International Berhad (“PEIB”) and former Managing Director of PLUS Malaysia Berhad and PLUS Expressways Berhad. Presently, she sits on the Board of Directors of Mass Rapid Transit Corporation Sdn Bhd, which is wholly-owned by Minister of Finance Incorporated Malaysia, Amanah Mutual Berhad, PNB Merdeka Venture Sdn Bhd and various subsidiaries of PEIB.
Wong Chin Mun, a Malaysian, Male, aged 73, is an Independent Non-Executive Director of the Company. He was appointed to the Board as a Non-Executive Director on 6 October 2017.
Wong Chin Mun received the Teacher’s Certificate from the Ministry of Education of Malaysia in 1966 and graduated with Bachelor of Business (Accounting) Degree and Bachelor of Business (Secretarial Administration) Degree from Curtin University, Western Australia in 1972 and 1974 respectively. He is a Fellow of Australian Society of Certified Practising Accountants as well as associate members of Institute of Chartered Secretaries and Administrators, UK and Malaysian Institute of Accountants.
Mr Wong Chin Mun worked as the Financial Controller/Company Secretary in Yeo Hiap Seng Bhd from 1974 to 1975. He then joined Nylex (Malaysia) Berhad ("Nylex") as the Financial Controller/Company Secretary in 1976 and became the first local General Manager/Director of Nylex in 1980. He was promoted to the position of Managing Director in 1985 and left Nylex at the end of June 1994 to found TEC Asia Centre (now known as Vistage Malaysia Sdn Bhd), an international organisation which aims to help chief executive officers and entrepreneurs to manage change and grow their businesses. He had served on the National Export Council under the Ministry of International Trade & Industry ("MITI") from 1989 to 1992 and was appointed to the National Branding Taskforce of MITI since 2006. He also served on the Board of Trustees of Malaysian Rubber Export Promotion Council from 2000 to 2002.
Currently, Mr Wong is the Senior Independent Non-Executive Director of Sunway Berhad as well as the Independent Non-Executive Director of Khind Holdings Berhad. He serves on the Board of Trustees of Scientex Foundation since 2008 and is a board member of Transparency International Malaysia since 2006. He is also a Council Member of Federation of Malaysian Manufacturers and the Chairman of both its Business Ethics and Building Committee since 2015 and serves on the Technical Evaluation Panel for the yearly PRIME MINISTER'S Award.
To read our Board Charter, please click on this link.
Lim Peng Jin
Koay Teik Chuan
Executive Director - Property Business
Choo Seng Hong
Executive Director - Manufacturing Business
Gan Kok Khye
Executive Director – Corporate Affairs
Lim Peng Jin is currently the Managing Director of the Company. He was appointed to the Board on 20th January 1995 as the Group Executive Director and was re-designated as Managing Director on 6th November 2001. He is also a member of the Board’s Risk Management Committee. A Bachelor of Science (Honours) graduate in Chemical Engineering from the University of Tokyo, he began his career in Japan’s chemical industry before joining Scientex in 1991. In 1998, he completed a Programme Management Development course at Harvard University, USA. He has local and international working experience in the fields of polymer and chemicals from the early years of his career. He has adopted a hands-on leadership style within the Scientex businesses over the past 20 years.
Koay Teik Chuan joined Scientex in 1997. During the early stages, he was involved in the construction and development of Scientex's flagship development in Johor. Prior to joining Scientex, he was handling various construction projects in different parts of the country. He was appointed as the Executive Director of Scientex’s property business on 1st November 2009. He received his higher education from the Institut Teknoloji Butterworth in 1978 and has more than 25 years of experience in various aspects of construction and property development including township projects. Presently, he is also the Assistant to the Managing Director since 2001.
Choo Seng Hong graduated with a Bachelor of Accountancy from Universiti Putra Malaysia in 1993 and is also a member of the Malaysian Institute of Accountants. He was formerly the Finance and Administration Manager of Scientex. Currently, he holds various senior positions in the Company’s subsidiaries. Prior to joining Scientex in 1997, he was attached to KPMG from 1993 to 1997 and has experience in the fields of banking, oil and gas, and manufacturing. He was appointed as the Executive Director of Scientex’s manufacturing business on 1st March 2003 and presently, is the Head of Manufacturing Division.
Gan Kok Khye graduated from North East London Polytechnic, London in 1985 with a Bachelor of Arts (Honours) in Business Studies. He joined the Scientex Group in 1988 and since then, has held various management positions in the subsidiaries of the Company. He was appointed as an Executive Director of the Group's subsidiary, Scientex Packaging Film Sdn Bhd in 2002. Subsequently, he was appointed as the Executive Director of Scientex’s manufacturing business on 1st April 2002. Presently, he is the Executive Director overseeing the corporate affairs of the Group.
Alex Khaw Giet Thye
Executive Director - Property Business
Jesselyn Chang Siew Sian
Executive Director – Corporate Planning
Yau Kuan Yee
Executive Director – Manufacturing Facilities
Choo Chee Meng
Senior General Manager - Property Business
Khaw Giet Thye joined Scientex’s property division in 1996. Starting off as a project manager in Scientex’s subsidiary, Scientex Quatari Sdn. Bhd., he was promoted to General Manager on 1st February 2004 and subsequently, as Executive Director of Scientex’s property business on 1st August 2013. He grastduated from University Science of Malaysia with a Degree in Housing, Building & Planning and has over 20 years of experience in construction and property development.
Jesselyn Chang Siew Sian is an accountant by profession. She graduated from University of Malaya with a Bachelor Degree in Accounting. She is a member of the Malaysian Institute of Accountants and Malaysian Institute of Certified Public Accountants. She joined Scientex Berhad in 2002 as Corporate Finance Manager and subsequently promoted to Group Financial Controller on 15th May 2003. She was appointed as the Executive Director overseeing corporate planning of the Group since 2014. She completed the Advanced Management Program in Harvard Business School in 2015.
Yau Kuan Yee joined Scientex in 1996 as a Division General Manager of stretch film business. He was appointed as the Senior Technical General Manager on 1st March 2015 and presently, is the Head of industrial packaging business. He has almost 30 years of experience in the plastics packaging industry and 25 years in stretch film segment. He graduated from Swinburne Institute of Technology, Melbourne, Australia with a degree in Manufacturing Engineering.
Choo Chee Meng joined Scientex’s property division in 2006 as an Assistant Finance Manager. He was promoted to Senior General Manager of Scientex’s property business on 1st August 2013. He graduated from University of South Australia, Adelaide with a Degree in Accounting and has more than 10 years’ experience in the field of accounting and property development.
Goh Tian Chin
Senior General Manager – Manufacturing Business
Phang Chi Ming
Legal & Corporate Affairs Manager
Tan Hong Koon
Group Financial Controller
Ng Boon Ngee
Goh Tian Chin joined Scientex Polymer Sdn Bhd in September 1995 as Assistant Production Manager. He was promoted to General Manager in February 2001 and since 1st July 2010, he has assumed the responsibilities of a Senior General Manager for the stretch film business. He is a graduate of University Science of Malaysia with a Bachelor’s Degree in Technology and has more than 10 years of experience in the polymer industry.
Phang Chi Ming graduated from the National University of Singapore in 1989 with a Bachelor of Laws (Honours) degree. He has been in legal practice since 1990 and obtained his Master of Laws from University of Malaya in 1996. He has various experience in commercial and corporate work as well as litigation. He was appointed as the Legal & Corporate Affairs Manager of Scientex Berhad since 14th January 2008
Tan Hong Koon is an accountant by profession. She has more than a decade of local and international experience in the field of auditing and accounting. She graduated from University of Melbourne with a Bachelor Degree in Accounting & Finance. She is a member of the Chartered Accountants Australia and New Zealand. She joined Scientex Berhad in 2003 and was appointed as Senior Financial Manager on 1st January 2009. Subsequently, she was promoted to Group Financial Controller of Scientex Berhad on 20th October 2014.
Ng Boon Ngee joined Scientex Berhad in 2005 and was appointed Company Secretary on 30th September 2009. Subsequently, she heads the Corporate Secretarial Department of Scientex Group since 1st August 2011. She has more than a decade of experience in handling corporate secretarial matters in professional secretarial firms and the corporate sector. She is a Chartered Secretary (ICSA) and is an Associate member of the Malaysian Institute of Chartered Secretaries and Administrators.