The Board of Directors of Scientex announced that Scientex Lestari Sdn Bhd, an indirect subsidiary of the Company, had on 11 July 2023 entered into a conditional Sale and Purchase Agreement with Seriemas Development Sdn Bhd for the proposed acquisition of 6 parcels of freehold land, all situated in Mukim Senai, District of Kulai, State of Johor, measuring in aggregate an approximate area of 550.67 acres for a total purchase consideration of MYR 299,839,815.00 only.