Actually our Bionix is believe to have Mexas composite armour or
something similar, thus it can be considered as one of the most
well armoured IFV in the world , in the same class as Bradley or
Warrior.
In the Tanknet forum , there were some speculation on it's
protection, and I quote:
There were some old, old threads on this. Apparently, the Bionix
mounts MEXAS composite NERA armor over a VHS hull, which makes it
very well protected for its weight. IIRC, the rough estimate was
12.7mm all around protection, and 30mm APFSDS and RPG-7 frontal
protection.
Bionix 40/50 is abt 21,500kg and the stripped down w/o composite
armour with only remotely fire HMG version Bionix ICV is abt
17,000kg, thus the composite armour is abt 4 tons!!!
http://www.janes.com/defence/land_forces/supplement/lav/lav_bionix.shtml
In conclusion, the Bionix IFV is the most well protected IFV in
SEA, whether the frontal armour could withstand a old RPG-7, I
think it could, at least greatly limit the devastation as we see in
the Condor which only offer up to 7.62mm protection.
In fact, after Somalia, MY bought some Korean KIFVs(modified M113
with spaced armour) for UN mission in Bosnia rather than using the
Condor becos of it's poor protection.