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.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!