Petronas, which awarded contracts to Scomi, will continue to shape the outlook of the oil and gas sector this year.
PETALING JAYA: The Scomi group of companies is poised to undertake a long-awaited consolidation exercise.
In the corporate exercise, the parent company, Scomi Group Bhd, is expected to take over its listed subsidiaries through a share-swap exercise, said analysts and bankers close to the company.
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