Astramina Wong Muh Rong
PETALING JAYA: Scomi Group Bhd, which slipped into Practice Note 17 (PN17) list, says it is working to exit the status by next year and the proposed corporate exercise is expected to put the company on a better footing.
Its financial adviser Astramina Advisory Sdn Bhd managing director Wong Muh Rong said Scomi has proposed several avenues including injection of fresh capital through an issuance of new shares, capital reconstruction and bringing in new shareholders in a bid to strengthen the company.
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