Scomi

Scomi Rail placed under receivership
PETALING JAYA: Scomi Group Bhd said Scomi Rail Bhd, an indirect wholly owned subsidiary of the company, has been placed under receivership by Malayan Banking Bhd (Maybank). [...]
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Prasarana paying Scomi Transit RM181mil to put trains into service
KUALA LUMPUR: Scomi Group Bhd's unit will receive from RM181mil from Prasarana Malaysia Bhd to undertake the remedial works to put five four-car monorails into service and to pay its lenders, staff and creditors. [...]
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Scomi provides more details of loan defaults
KUALA LUMPUR: Malayan Banking Bhd (Maybank) has the right to dispose of 206.04 million shares of Scomi Energy Services Bhd (SESB) if its parent company Scomi Group Bhd fails to settle RM201.91mil owed to the bank. [...]
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