Quek buys block in Scomi Energy?


A BIG block of shares has changed hands in Scomi Energy Services Bhd, likely to savvy oil and gas (O&G) investor Tan Sri Quek Leng Chan, sources say.

The cigar chomping banker, who has emerged as a strategic shareholder in various O&G companies in recent months, bought the Scomi Energy shares directly or through his stable of companies, people familiar with the matter tell StarBizWeek.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , scomi

Next In Business News

Malaysia remains resilient, thanks to focus on fiscal discipline, economic reform
FBM KLCI extends gains as investors eye US-Iran peace talks
YTL AI Labs launches ILMU Claw to help users build AI agents
Ringgit outlook firm, set to retest 3.88 level amid strong inflows
Asia stocks advance on Iran peace talks hopes, AI-driven flows
War in Iran is causing biggest energy crisis in history, IEA says
Matrade: RM5bil guarantee initiative to help sustain MSMEs export momentum
Gold falls as investors await clarity on US-Iran talks, dollar edges up
Oil falls on expectations US-Iran talks likely to proceed, opening supply
EI Power eyes ACE Market listing

Others Also Read