Use ActionScript to set up resize effect

    
<?xml version="1.0" encoding="utf-8"?>
<mx:Application xmlns:mx="http://www.adobe.com/2006/mxml">

    <mx:Script>
        
            import mx.effects.Resize;
            
            public function resizePanel():void
            {
                var myResize:Resize = new Resize();
                myResize.target = myPanel;
                myResize.widthBy = 100;
                myResize.heightBy = 100;
                myResize.play();
            }
            
      
    </mx:Script>
    
    <mx:Panel id="myPanel" />
    <mx:Button label="Resize" click="resizePanel()" />
    
</mx:Application>

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Use ActionScript to set up resize effect : Resize Effect « Effects « Flex

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