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.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Bursa , Scomi , delisting , MainMarket , appeal

   

Next In Business News

Chin Hin taps Ajiya for two-year RM250mil loan
MI Technovation posts three-fold surge in net profit
CIMB Securities eyes larger market share
InNature diversifies into the F&B industry
Yinson’s RM16bil debt too big to ignore
Leap in operating income for UOB’s retail banking
Paramount emerges as major shareholder in EWI
New capacity in the pipeline
March industrial production index up 2.4%, but below forecast
Data centre – boon or bane?

Others Also Read