Bursa Malaysia to delist Scomi

PETALING JAYA: Bursa Malaysia has decided to delist Scomi Group Bhd’s securities from its official list pursuant to paragraph 8.04 of the Main Market Listing Requirements on March 31, 2023.

In a filing with Bursa Malaysia, Scomi said the local bourse had dismissed the company’s appeal for a further six-month extension to submit its regularisation plan to the relevant authorities for approval.

“Bursa has decided to reject Scomi Group’s request to vary the terms and conditions for the company to pay the sum of RM8mil to Maybank before March 15, 2023,” it said.