Scomi Group at risk of delisting


KUALA LUMPUR: Trading in Scomi Group Bhd securities will be suspended on April 20 as its appeal for a time extension to submit its regularisation plan has been rejected by Bursa Malaysia Securities.

In a filing with Bursa Malaysia, the practice Note 17 (PN17) company said the securities of Scomi would be delisted on April 22 unless an appeal against the delisting is submitted to Bursa Securities on or before April 18.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Scomi Group , PN17 , delisting , suspension

Next In Business News

Vestland eyes RM60.4mil capital raise
Mixed views on�proposed Maybank Etiqa buyout
West River secures RM11mil M&E contract for Celora Sunway project
Hartalega’s 1Q net profit jumps to RM70.03mil
Exporters likely to strengthen ESG data amid EU rules
K-One to sell GAP stake for RM94mil
SunCon rides wave of data centres
BYD investment status remains unclear, says Miti
Syariah investing moves into new sectors
AmBank eyes stronger dividends as higher payout ratio lifts growth outlook

Others Also Read