Scomi gets extension from delisting

In a filing with the exchange, the global service provider in the oil and gas and transport solutions industries, said it was given time to submit the regularisation plan to the relevant authorities for approval.

KUALA LUMPUR: Bursa Malaysia Securities Bhd has decided to allow the appeal and grant Scomi Group Bhd (SGB) a further extension, until Nov 30, 2022, from being delisted from the Official List of Bursa Securities.

In a filing with the exchange, the global service provider in the oil and gas and transport solutions industries said it was given time to submit the regularisation plan to the relevant authorities for approval.

The extended timeframe was due consideration to all facts and circumstances of the matter including the written and oral presentations before the Appeals Committee. — Bernama