Scientex was among the top gainers as investors were positive about its purchase of Mondi Ipoh Sdn Bhd (MISB) for RM58mil cash to expand its consumer packaging division.
PETALING JAYA: Packaging material maker Scientex Bhd
is an underrated potential winner from the escalating trade war between the United States and China, according to a research house.
The company has a US$50mil stretch film plant in Arizona, US, that started operations in January. A second plant at the same site commenced operations in March.
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