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Corporate News 15 Jan 2018 | 12:00 AM Premium

Scomi Group may sell some assets

Group aims to pare down debt after merger with Scomi Engineering

Corporate News 05 Jan 2018 | 12:00 AM Premium

Merger of Scomi Energy fails

PETALING JAYA: With fresh optimism in the oil and gas sector, the move to merge Scomi Energy Services Bhd with its parent company Scomi Group Bhd was shot down by the former’s shareholders at its EGM yesterday.

Business 21 Feb 2013 | 12:00 AM Premium

Scomi Group gets nod for revamp

PETALING JAYA: Scomi Group Bhd and Scomi Marine Bhd shareholders have approved the companies’ respective plans to restructure and realign their businesses at an EGM.

Business 15 Feb 2014 | 12:00 AM Premium

Quek buys block in Scomi Energy?

A BIG block of shares has changed hands in Scomi Energy Services Bhd, likely to savvy oil and gas (O&G) investor Tan Sri Quek Leng Chan, sources say.

Business 30 Nov 2012 | 12:00 AM Premium

IJM likely to exit Scomi if bond deal falls through

PETALING JAYA: Construction giant IJM Corp Bhd may sell down its 9% stake in Scomi Group Bhd if the latter isnt able to vote through the issuance of convertible debt papers to the former, according to sources.

Markets 18 Aug 2017 | 12:00 AM Premium

Scomi to regroup likely through share-swap exercise

PETALING JAYA: The Scomi group of companies is poised to undertake a long-awaited consolidation exercise.

Business 01 Feb 2013 | 12:00 AM Premium

Scomi gets nod for debt issuance to IJM, signals end of dispute

PETALING JAYA: Shareholders of Scomi Group Bhd have greenlit the issuance of RM110mil worth of convertible debt to IJM Corp Bhd, marking the end of a squabble between two parties that had clashed on IJM’s entry into the company.

Business 13 Mar 2013 | 12:00 AM Premium

Scomi revamp done, all O&G units housed under Scomi Energy Services

PETALING JAYA: Scomi Group Bhd has completed its restructuring exercise which sees all its units involved in the oil and gas (O&G) business consolidated under one entity, Scomi Energy Services Bhd.

Corporate News 11 Jan 2019 | 10:02 AM Premium

Scomi Energy investigates RPT, unauthorised advances

KUALA LUMPUR: Scomi Energy Bhd’s has formed a committee to investigate certain related party transactions (RPT) and advances made without prior authorisation pertaining to the transactions.

Property 03 May 2016 | 12:00 AM Premium

Surprise omission of Scomi Energy

PETALING JAYA: That Scomi Energy Services Bhd has been conspicuously left out of the RM2.3bil coal-freight jobs offered by Tenaga Nasional Bhd (TNB) has caught some market observers by surprise.