their logo now look like some lanun company. will they discover a treasure box soon?

Tower Reit focusing on office space. Very risky at this point in time, don't you think?

hong leong tauke got in. the future is promising :)))

price drop because private placement at RM1.40

Good - they now have money to repay all their debt. Not good - they have now lost their assets and revenue stream in drilling fluids & drilling waste management. This deal spells the end for Scomies.

https://www.theedgemarkets.com/article/cahya-mata-sarawak-ventures-energy-market-acquisition-scomi-energys-oilfield-assets

It is confirmed. Looking good for CMS, they will monopolise drilling fluid and drilling waste management contracts in Sarawak oilfield.

EPF is acquiring tnb again. Am I reading the announcement correctly?

And buying Scomi is the easiest way in for CMS.

It is true. And you can see a number of CMS' key management has been absorbed from Scomi already. Now why would they specifically employ people from oil & gas (specifically Scomi) to head their management team? Only because they want to develop into an oil & gas player.

CMS to enter oil & gas by acquiring Scomi. Signing ceremony is next week

cms will be buying scomi. entry into o&g

good entry point. buy before you regret it

@derricksyl what price is the right issue?

nemesis - talking bullcrap since 2018

Scomies JM application got approved, means got chance for revival.

Hi everyone, when is the units bought from Atrium rights issue will be in our CDS account?