Mainstream
Can Scientex smash its RM10 bil revenue target?
Emmanuel Samarathisa | 05 Oct 2018 00:30
Mention the name Scientex Bhd, and most market participants will immediately think of stretch films. But behind the brand lies an extraordinary story of a homegrown venture that has been incrementally growing since its founding in 1968.

Moreover, the company’s recent performance on Bursa has been nothing short of phenomenal. With the insatiable appetite of its group managing director Lim Peng Jin, the company is maintaining its steady growth trajectory.

For Lim, taking Scientex to its current RM4 bil market capitalisation is not something he is satisfied with. While it is an enviable position to be in, Lim wants to take the company further.

He has bold, perhaps even daring, ambitions for Scientex: to be a RM10 bil company by 2028 and to build 50,000 affordable homes.

How will Scientex pull off this feat? Is it even possible? As unbelievable as it may seem, Lim thinks it is achievable, given that he has met all his previous goals.