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. 

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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

Next In Business News

Trading ideas: Berjaya Corp, MAHB, Sapura Industrial, MISC, AirAsia, Velesto Energy
Data centres generate wider economic spillovers
Malaysia tops global Islamic economy for 12th year
SkyWorld poised for gradual FY27 recovery
Foreign luxury apparel brands see China sales surge
Indonesia tourism growth driven by foreign visitors
MCE eyes stronger momentum with Johor factory
MISC signs 15-year Dayabumi lease
Vincent Tan cuts Berjaya stake worth RM115mil
Tan Chong bets on new models to revive sales

Others Also Read