Scomi Energy unit defaults on RM55mil bonds


KUALA LUMPUR: Scomi Energy Services Bhd unit KMCOB Capital Bhd has defaulted in redeeming or repaying the Series E of the guaranteed serial bonds (KMCOB bond) issued amounting to RM55mil.

In a filing with stock exchange yesterday, the company said the payment date being the maturity date for the redemption of Series E was on Saturday, which is a non-working day.

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