PETALING JAYA: IJM Corp Bhd has emerged as the single largest shareholder in oil and gas (O&G) company Scomi Group Bhd after converting its bonds to equity.
The conversion will give it an immediate 24.4% stake in the O&G services company from an earlier 7.66% before the announcement was made.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!