Scomi Group at risk of delisting


KUALA LUMPUR: Trading in Scomi Group Bhd securities will be suspended on April 20 as its appeal for a time extension to submit its regularisation plan has been rejected by Bursa Malaysia Securities.

In a filing with Bursa Malaysia, the practice Note 17 (PN17) company said the securities of Scomi would be delisted on April 22 unless an appeal against the delisting is submitted to Bursa Securities on or before April 18.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Scomi Group , PN17 , delisting , suspension

   

Next In Business News

Synthetic products to drive growth for Karex
Strong financial grasp critical for investors
Licence freeze to have impact on Xin Hwa
Gagasan Nadi in RM185mil acquisition
Proton October sales climb 13.6% to 12,799 units
Aneka Jaringan wins RM39mil job
TCS bags RM86mil contract
The Philippines to be cautious in policy easing cycle
Ringgit maintains stronger footing at the close
Zetrix platform set to spur MyEG’s earnings

Others Also Read