Scientex Property First Foray Into Penang

SCIENTEX BERHAD (“SCIENTEX” OR “THE COMPANY”) PROPOSED ACQUISITION BY SCIENTEX (SKUDAI) SDN BHD, A WHOLLY-OWNED SUBSIDIARY OF SCIENTEX, OF THE SIX (6) PARCELS OF FREEHOLD LANDS ALL SITUATED IN MUKIM 12, DAERAH SEBERANG PERAI UTARA, STATE OF PULAU PINANG MEASURING IN AGGREGATE AREA OF APPROXIMATELY 7,827,534.83 SQUARE FEET FOR A TOTAL PURCHASE CONSIDERATION OF RM109,585,487.60

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