Bio Osmo selling loss-making bottled drinking water ops


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.

PETALING JAYA: Bio Osmo Bhd will exit its loss-making bottled drinking water business following the disposal of its wholly owned subsidiary Amshore Holdings Sdn Bhd for RM2.5mil.

The Main Market-listed company told Bursa Malaysia that it had signed an agreement to sell its 100% stake in Amshore to Start Sphere Sdn Bhd.

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