Scomi Group Bhd surprised investors when it proposed to revise its current issued share capital reduction from RM224.96mil to RM3mil from the earlier RM40mil.
KUALA LUMPUR: Suria Capital Holdings Bhd
says it is no longer keen to sell its unit, Sabah Ports Sdn Bhd, to MMC Corporation Bhd.
In a statement to Bursa Malaysia on Friday, it confirmed that it was “no longer pursuing” the proposal to sell Sabah Ports to MMC's unit MMC Ports Holding Sdn Bhd.
“Sabah Ports remains as a wholly-owned subsidiary of Suria,” it said.
On Aug 10, 2017, it had announced that it was in discussion with MMC to sell Sabah Ports. However, no firm decision had been made then.
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