Scomi Energy’s mess
The jewel in Scomi Group Bhd’s companies is its oil and gas arm - Scomi Energy Services Bhd. However, the problems of the parent company have left a deep cut on Scomi Energy.
On Thursday, the external auditors of Scomi Energy expressed doubts on its ability as a going concern, causing the company to be classified as an affected issuer under the Practice Note 17 (PN17) list. Now, Scomi Energy has to regularise its financial position before it can be placed out of the list.
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