When contacted, chief executive officer Kanesan Veluppillai confirmed that Sao Paulo Metro had turned to Scomi Engineering to complete and possibly fast track the Line 17 monorail project.
PETALING JAYA: Scomi Group Bhd saw its share price soaring 13.5% yesterday, following the announcement of a proposed corporate exercise that will see the merger of its two listed subsidiaries under one entity.
Scomi Group closed the day at 13 sen a share, 13.5% higher than before it was suspended at 11 sen last Friday.
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