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Firm retracts notice on share ownership

KUALA LUMPUR: Gelombang Global Sdn Bhd has retracted a notice filed with the stock exchange on Monday regarding the ownership of a substantial number of shares in Scomi Energy Bhd.

Nissan shareholders add new directors

TOKYO: As Nissan Motor Co’s shareholders met yesterday to place new management on the board, the backdrop was grim. Sales and profitability are declining, a turnaround plan isn’t due for another three months and the stock is hovering near decade lows.