Scomi Engineering completes Mtrans buy


KUALA LUMPUR: Scomi Engineering Bhd has completed its takeover of Mtrans Transportation Systems Sdn Bhd after acquiring 51% of Mtrans' issued and paid-up capital for RM30mil. 

Scomi Engineering senior vice-president Hilmy Zaini said the company's strategy remained in acquiring technology, and then developing and enhancing it for the global export market. 

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