Scomi Rail placed under receivership

PETALING JAYA: Scomi Group Bhd said Scomi Rail Bhd, an indirect wholly owned subsidiary of the company, has been placed under receivership by Malayan Banking Bhd (Maybank).

The company, in a filing with Bursa Malaysia today, said Datuk Adam Primus Varghese Abdullah of Messrs Adamprimus, was appointed by Maybank as receiver and manager over the properties of Scomi Rail.