The Scientex Story

Over the years, we have consistently grown our dual core businesses of Packaging and Property to become a recognised name in flexible plastic packaging solutions and affordable housing.

Leading in Packaging and Property

A publicly listed company on the Main Market of Bursa Malaysia Securities Berhad since 1990, we are a leading manufacturer in flexible plastic packaging and a prominent developer of affordable homes in Malaysia.

From our humble beginnings in 1968, our drive to achieve continuous growth has seen us become one of the world’s top manufacturers of stretch film and an end-to-end flexible plastic packaging producer with a presence across the packaging value chain, from stretch films, base films and printed films to bags and multi-layered flexible plastic packaging solutions used in industrial and consumer packaging.

Our Property Division, meanwhile, focused on our core objective of addressing the growing need for affordable housing. With land banks exceeding 7,600 acres spanning seven states across Peninsular Malaysia, we are proud to have completed more than 27,000 affordable homes to date, providing greater access to home ownership for Malaysians.

A Message from Our

Chief Executive Officer

Scientex is well prepared to usher in another era of robust growth led by our Vision

‘To Grow the Scientex Community for a Better Tomorrow’ and ’To Double Up Every Five Years’.

Lim Peng Jin

Managing Director/Chief Executive Officer

A Passion For Packaging and Building Affordable Homes

Since 1997 when we commissioned our first stretch film line, Scientex has grown in stature and indeed has transformed to become one of the world’s top producers of stretch film. With continuous efforts, we have also successfully developed the 4.5 micron film, the world’s thinnest stretch film produced directly from a cast machine in a single process. Scientex continues to harbour greater ambitions as we plan for a sustainable future in terms of market driven innovative eco-friendly products and increasing productivity and efficiency through, amongst others, adoption of automation in line with Industry 4.0 practices.

The Group’s Fundamental Strategies namely to ‘Invest in Growth’ and ‘Grow Economic Engine’ has provided a solid foundation for defining our business processes and value creation activities that drives our progress, while our third strategy to ‘Inspire Our People’ ensures that we nurture and retain our most valued human capital.

For our Packaging Division, the strings of acquisitions from Great Wall Plastic Industries in 2013 to Daibochi Berhad and Mega Printing and Packaging Sdn Bhd in 2018 and 2019 respectively were prime examples of our aspiration to invest in growth and grow not just our capacity and scale, but also in terms of our diversity of know-how, experience and expertise. By leveraging on the Group’s combined strengths and expertise, the Group now offers an integrated packaging product stretch across the packaging value chain, from plain film, base film and printed film to bags and multi-layered flexible plastic packaging. We are committed to provide innovative flexible plastic packaging solutions which addresses a myriad of customer needs in terms of protection, convenience, hygiene and safety and lastly food waste reduction.

Our diversified expertise and capabilities have further attracted local and multinational customers and brand owners in the innovation and development of new and sustainable packaging products. With our diversified, inventive and sustainable manufacturing expertise, Scientex is poised to further tap into the growing global demand for such flexible plastic packaging products driven by rapid population growth, lifestyle changes, increasing urbanisation and heightened awareness and emphasis on hygiene and safety.

1997 was also the year when our Property Division officially launched the very first property development project at Pasir Gudang, Johor. With our purpose of providing quality affordable homes to the Malaysian communities, our core focus on affordable housing and emphasis on its growth has fueled aggressive land-banking and development activities in recent years.

To achieve our growing aspirations, we have adopted a simple yet effective “cross boundary” strategy as we looked beyond our existing markets and expanded our geographical footprint from our traditional bases in Johor and Melaka to the central states of Perak, Selangor and Negeri Sembilan as well as up north to Penang and Kedah as we seek to develop more affordable housing in previously uncharted territories. As at FY2021, we have completed a total of 25,297 units of affordable homes, well on target to achieve our aim to complete 50,000 units of affordable home by 2028. We remain confident that the demand for such affordable housing which is supported by various governmental agencies and authorities and policy initiatives such as accommodative interest rate regime will continue to spur and drive the growth in this segment.

Vision

Backed by a strong financial position and leveraging upon our status as a global flexible plastic packaging player and reputable Malaysian developer of affordable homes, Scientex is well prepared to usher in another era of robust growth led by our Vision – ‘To Grow The Scientex Community For A Better Tomorrow’ and ’To Double Up Every Five Years’.

Lim Peng Jin

Managing Director/Chief Executive Officer

Scientex

Vision & Purpose

Building Better Tomorrows

Our robust progress over the years has been spearheaded by the clear objectives set forth in ‘Our Vision’ and ‘Our Purpose’ statements below. Even as we strive for exponential growth, we remain mindful of our responsibilities towards our community and the environment as well as our stakeholders who continue to put their faith in our products and services.

OUR VISION

To Grow The Scientex Community For A Better Tomorrow

To Double Up Every Five Years

OUR PURPOSE
Our packaging division strives to provide flexible plastic packaging solutions for:

Protection

Convenience

Hygiene & Safety

Food Waste Reduction

OUR PURPOSE

Our property division endeavours to support the Malaysian community through the provision of affordable yet quality homes.

Our Corporate Philosophy

Scientex

Behind our successes is our corporate philosophy of ‘Management Like Water’ . The strategies we employ may change over time, but our philosophy remains the constant behind everything we do. Our corporate philosophy is based on six separate and inter-related facets as described below.

BELIEF

We instil belief that what we produce for the world is as vital and valuable as water, and our output contributes to the betterment of society

NATURE and SCIENCE

We respect the laws of nature and science as we seek solutions and attempt to tackle different challenges

ENERGY

Flowing water gathers momentum and builds up energy that we harness to break barriers, leap forward and surge ahead

MODESTY

We remain humble, like a drop of water in the ocean, yet like the mighty waves, we think big and aim high

FLEXIBILITY

Like the flexibility of water, we always adopt a fluid and adaptable stance in responding to challenges

PURITY

In the face of success or failure, the purity and cleansing properties of water remind us to always stay true to ourselves and move forward with positivity

Our Value Creation Story

Our value creation story outlines the detailed considerations we make in order to maintain our competitive advantage in the markets where we operate.

Through analysis of internal and external factors, we formulate strategies that maximise the use of our capital resources and deliver tangible contributions towards our Drivers of Growth. Our strategies are then implemented through our established business processes in both the Packaging and Property Division.

At the same time, we reinvest to empower our growth objectives outlined within our vision ‘To Grow The Scientex Community For A Better Tomorrow’ and ‘To Double Up Every Five Years’.

Environmental, Social and Governance (ESG) factors also play a key role in our considerations and we have further aligned our approach with various United Nations Sustainable Development Goals (UN SDGs) to which our initiatives contribute.

Our Value Creation Business Model

Our complete value creation business model below demonstrates how we transform our inputs into positive and sustainable outputs and outcomes that benefit our long-term business prospects and generate shared value for our stakeholders.

Awards and Certifications

Our successes are the result of our hard-working commitment towards excellence and we are proud to have garnered recognition from various regional and international award-giving bodies.

Corporate Milestones

A Sturdy Track Record of Progress

From humble beginnings, Scientex has charted a meteoric rise within the global and regional packaging industry as well as the domestic property market. Peruse the highlights of our remarkable journey below.