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SCGM shareholders to receive RM2.21 dividend per share after sale of core business for RM544 million

Food packaging manufacturer SCGM Bhd has sealed a conditional share sale agreement to sell its core plastic packaging business to two Japanese firms, Mitsui & Co and FP Corp, for RM544.38 million cash. ....

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SCGM posts lower 3Q net profit of RM6.28mil

KUALA LUMPUR: SCGM Bhd’s net profit fell 22.4% to RM6.28mil in the third quarter ended Jan 31 (3Q22), from RM8.1mil a year ago, mainly due to higher deferred tax expenses. ....

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SCGM faces challenges amid strong sales

MORE Malaysians have been opting for food delivery and takeaway, especially over the past two years. ....

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SCGM gains as new norms become prevalent

“The transformation of food deliveries in the country amid the pandemic have provided well-needed convenience to the community, and will mostly likely stay relevant even in a post-pandemic era, ” SCGM’s managing director Datuk Seri Lee Hock Chai (pic) tells StarBizWeek.
, a food and beverage (F&B) plastic packaging company believes the Covid-19 pandemic has permanently altered consumer lifestyle habits especially with regards to dining out.
Covid-19 has caused an surge in demand for food delivery and take away from eateries and along with its recently established personal protective equipment (PPE) business segment, SCGM is generally a net beneficiary of the pandemic. ....

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SCGM allocates RM20 million capex to expand food packaging segment's capacity

SCGM allocates RM20 million capex to expand food packaging segment's capacity
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