Posted by solid > 2019-03-26 16:25 | Report Abuse

https://www.theedgemarkets.com/article/scomi-energy-bags-contracts-worth-rm610m-kuwait

Posted by solid > 2019-03-26 16:26 | Report Abuse

https://www.theedgemarkets.com/article/scomi-energy-bags-contracts-worth-rm610m-kuwait

Posted by Tong Coleman > 2019-03-26 16:38 | Report Abuse

fly high Scomi & Scomies. But is too late today. Continue tomorrow. Chow!

Posted by Tong Coleman > 2019-03-29 11:40 | Report Abuse

counter quiet. Hello, anybody inside?

Posted by limen12 > 2019-03-29 11:48 | Report Abuse

@Tong Coleman this counter won't move until the debt against Maybank is settled, which need to wait till April to see if can success negotiate with them.

Posted by Cikam > 2019-03-30 18:40 | Report Abuse

Kasi naik kowww

Posted by WINNING > 2019-04-01 23:30 | Report Abuse

just buy 0.05 cents and sell 0.055 cents, sure win .today got some results, see tomorrow.

Posted by WINNING > 2019-04-03 18:03 | Report Abuse

today come ..0

Posted by freddiehero > 2019-04-03 18:33 | Report Abuse

wah lau.. fly liao

Posted by wazhab > 2019-04-03 19:34 | Report Abuse

Look like there is good news coming

Posted by rhinos > 2019-04-03 19:48 | Report Abuse

volume in

Posted by aris743 > 2019-04-03 21:21 | Report Abuse

scomies up 15 cent. scomi 7 cent

Posted by stillloss > 2019-04-04 11:01 | Report Abuse

closed shop?

Posted by flyover2 > 2019-04-04 11:13 | Report Abuse

anybody has info why it is suspended?

Posted by Tbt95 > 2019-04-04 11:17 | Report Abuse

What happen stop trading?

Posted by aris743 > 2019-04-04 11:18 | Report Abuse

scomi tak bayar hutang ptpn hu hu

Posted by aris743 > 2019-04-04 11:19 | Report Abuse

loss my 600 lot

Posted by kenie > 2019-04-04 11:27 | Report Abuse

SCOMI GROUP BHD - MONTHLY ANNOUNCEMENT ON THE STATUS OF DEFAULT IN PAYMENT TO AXIS BANK LIMITED PURSUANT TO PARAGRAPH 9.19A OF THE BURSA MALAYSIA SECURITIES BERHAD
This announcement is dated 18 March 2019.

Posted by flyover2 > 2019-04-04 11:31 | Report Abuse

SCOMI GROUP BERHAD

Kindly be advised that at the request of SCOMI, trading in the Company's securities has been suspended with effect from 10.57 a.m., Thursday, 4 April 2019 pending a material announcement.

Posted by putraz88 > 2019-04-04 11:31 | Report Abuse

https://www.facebook.com/myrapid/

signing contract with RapidKL

Posted by Cikam > 2019-04-04 11:39 | Report Abuse

Limit upppppp

Posted by nippy65 > 2019-04-04 11:45 | Report Abuse

Scomi should see double digits price soon once suspension lifted.

Posted by aris743 > 2019-04-04 11:46 | Report Abuse

if scomies up. scomi maybe have goiod new

Posted by nippy65 > 2019-04-04 11:55 | Report Abuse

It all depends on how the debt restructing and updating report goes by next Monday and the loads of outstandning problem with monorail in Mumbai, India and Sao Paulo, Brazil. Not out ofthe woods yet. Nonetheless , a positive start and some breathing space if and only if the contract win with RapidKL is substantial.

Posted by Shinnzaii > 2019-04-04 12:15 | Report Abuse

Wew...IJM Corporation got 200mil shares or 20+% in scomi...pn17 then jialat already...scomi can sustain earning or not?bank default already...can get any finance from other bank or not to finance contract award...no bank finance then right issue ah?hehe

Posted by flyover2 > 2019-04-04 12:17 | Report Abuse

with all the info, I guess you've locked your position.. wow

Posted by longvalley > 2019-04-04 12:56 | Report Abuse

Gd sign.......
Just collect.....
Under bn terpinggir
Now PH Got contract......
Go scomi go........

Posted by Manteh110 > 2019-04-04 13:36 | Report Abuse

Can buy now ?

Posted by birkincollector > 2019-04-04 13:51 | Report Abuse

Any idea wats the value of the contract?

Posted by Tbt95 > 2019-04-04 14:01 | Report Abuse

Now want buy also cant right?

Posted by nippy65 > 2019-04-04 15:08 | Report Abuse

Since not lifted for trading , another announcement likely to follow.

Posted by rhinos > 2019-04-04 16:03 | Report Abuse

likely have good news

Posted by thequalityguy > 2019-04-04 16:03 | Report Abuse

For @birkincollector:

https://www.theedgemarkets.com/article/scomiprasarana-monorail-dispute-comes-end-new-rm303m-contract

Posted by sasuke > 2019-04-04 16:15 | Report Abuse

finally bad news all gone...good news will keep coming

Posted by WINNING > 2019-04-04 20:30 | Report Abuse

huat lu !!!

Posted by snwong13 > 2019-04-04 21:43 | Report Abuse

.
Heavy Debts needs attention.
We will see how investors react tomorrow.

Posted by aris743 > 2019-04-04 22:00 | Report Abuse

open 8c tomoro

Posted by freddiehero > 2019-04-04 22:01 | Report Abuse

wah.. chase high high.. fly

Posted by kakakemas > 2019-04-04 22:11 | Report Abuse

maybe propose right issue to settle the debt. Lol...just like mRCB

Posted by longvalley > 2019-04-04 22:21 | Report Abuse

............let see 0.09 c first......!!!!?

Posted by ttgipoh > 2019-04-05 05:04 | Report Abuse

fly high

Posted by aris743 > 2019-04-05 08:19 | Report Abuse

open today or not

Posted by Bursa1575 > 2019-04-05 08:35 | Report Abuse

Agreement reached: Under the settlement agreement, Prasarana will make payments amounting to RM181mil to STP for refurbishment works to repair five sets of four-car monorail trains that have stopped working since January 2018

PETALING JAYA: A settlement has finally been reached between Scomi Group Bhd ’s subsidiary, Scomi Transit Projects Sdn Bhd (STP), and Prasarana Malaysia Bhd with the signing of a new contract for RM303mil, ending their dispute relating to the Kuala Lumpur Monorail Fleet Expansion Project Contract back in June 3, 2011.

This project was for the completion of the upgrade of the Kuala Lumpur monorail stations and the electrical and mechanical system, the construction of a new depot, and delivery of 12 sets of new four-car trains.


“STP and Prasarana are entering into the settlement agreement for the purpose of amicably determining the legal proceedings between the parties, while concurrently moving forward with the completion of the project,” said Scomi Group in a filing with Bursa Malaysia.

Under the settlement agreement, Scomi Group said Prasarana would make payments amounting to RM181mil to STP for refurbishment works to repair five sets of four-car monorail trains that have stopped working since January 2018.

Of the five sets of four-car trains, the first three trains will be repaired within three months of the start date of restoration work, while the remaining two trains will be refurbished within six months of the commencement date.

In a filing with Bursa Malaysia yesterday, it was said that payments of RM181mil by Prasarana would be utilised to make payments to STP’s lenders, creditors and employees.

Both parties will enter into a further agreement for the completion and delivery of seven, four-car monorail trains within 30 days of the condition precedents being met, or any other later date that is mutually agreed upon in writing at an expected cost of RM122mil.

According to news reports, the seven sets of new trains would be built in STP’s factory.

Yesterday, the agreement was signed by Scomi Group CEO Sammy Tse Kwok Fai and Prasarana president and CEO Datuk Mohamed Hazlan Mohamed Hussain. The signing was witnessed by Transport Minister Anthony Loke.

Although the new agreement will settle legal disputes between both parties, Loke said it would also mitigate the falling ridership, which has fallen 54.9% to 32,000 passengers per day currently from 71,000 passengers per day in 2015 mainly due to fewer operational trains.

Going forward, Scomi said the settlement is expected to contribute positively to the future earnings and earnings per share of the company, given that both STP and Prasarana fulfil the terms and conditions of both refurbishments and the purchase of the new train sets.

“The board is of the opinion that the settlement is in the best interest of the company and its subsidiaries,” the group said.

Posted by Shinnzaii > 2019-04-05 08:41 | Report Abuse

TO 0.10...hehehe

Posted by Cikam > 2019-04-05 08:50 | Report Abuse

Limit up today

Posted by Scorse > 2019-04-05 08:52 | Report Abuse

wow so nice

Posted by Shinnzaii > 2019-04-05 08:55 | Report Abuse

Shark already stanby already...so hungry...hehe...dont so greedy ya

Posted by aris743 > 2019-04-05 08:56 | Report Abuse

booom scomi 11.5c

Posted by Cikam > 2019-04-05 08:59 | Report Abuse

No one is selling..crazy

Posted by bulldog > 2019-04-05 09:03 | Report Abuse

Kaboom