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Scientex to acquire land in Pulai for growth

PRIVATEOct 07, 2026

Acquiring Company

Scientex Bhd

Acquired Company

Pangkal Budiman Sdn Bhd

Petaling JayaManufacturingIntellectual Property

Description

Scientex Bhd has entered a conditional sale and purchase agreement to acquire 502.6 acres of freehold land in Pulai, Johor Baru, for RM580.2 million. This acquisition aims to replenish the group's landbank and support long-term earnings growth. The deal is projected to be completed by the second half of financial year 2027.

Company Information

Company

Scientex Bhd

Location

Petaling Jaya, Selangor, Malaysia

About

Scientex Bhd is a leading packaging manufacturer in Malaysia. The company specializes in various consumer packaging solutions and is actively expanding its market presence. Scientex is recognized for its commitment to quality and innovation in packaging. Through strategic acquisitions, it aims to enhance its operations and market footprint.

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Frequently asked

Who acquired Pangkal Budiman Sdn Bhd?

Pangkal Budiman Sdn Bhd was acquired by Scientex Bhd, based in Petaling Jaya. The deal was reported on October 7, 2026. Scientex Bhd is a leading packaging manufacturer in Malaysia. The company specializes in various consumer packaging solutions and is actively expanding its market presence. Scientex Bhd is privately held and operates in Manufacturing.

When did Scientex Bhd acquire Pangkal Budiman Sdn Bhd?

Scientex Bhd's acquisition of Pangkal Budiman Sdn Bhd was reported on October 7, 2026. Scientex Bhd has entered a conditional sale and purchase agreement to acquire 502.6 acres of freehold land in Pulai, Johor Baru, for RM580.2 million. This acquisition aims to replenish the group's landbank and support long-term earnings growth. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Pangkal Budiman Sdn Bhd do?

Pangkal Budiman Sdn Bhd is a company involved in property and land holdings. The specifics of the company's operations are less publicly detailed. It is privately held, operating in Intellectual Property.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.