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Scomi Energy forms probe committee


KUALA LUMPUR: Scomi Energy Bhd has formed a committee to investigate certain related party transactions (RPT) and advances made without prior authorisation from the board.

“As the investigation is still ongoing, the board is unable to provide a statement as to whether the provision of the advances were fair and reasonable or to the detriment of the company or its shareholders,” Scomi Energy said in a filing with Bursa Malaysia yesterday.

Corporate News , scomi

   

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