PJD plans RTO of Scomi Energy

PETALING JAYA: PJD Link (M) Sdn Bhd is seeking a listing on Bursa Malaysia through the reverse takeover (RTO) of Practice Note 17 (PN17) Scomi Energy Services Bhd (SESB).

PJD Link, which is the concessionaire of the proposed Petaling Jaya Dispersal Link highway, and its shareholders PJD Link Holdings Sdn Bhd and Noblemax Resources Sdn Bhd have entered into a framework agreement with SESB for this purpose.