whooo..a tussle to control Scomi has erupted... remember case IOI..price sky rocket, when both parties at buying spree !!..huhu.. IJM sure will feel the heat from hostile take over.. both got lots of money..this one not yet considere Brunei interest some more.. if this news true..we gonna have marvelous trip ahead
The Company wish to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved the Company’s request for suspension of trading of the Company’s shares with effect from 9.00 a.m., Wednesday, 17 July 2019 to 5.00 p.m., Wednesday, 17 July 2019.
The request for suspension is made under subparagraph 3.1(b)(ii) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Securities pending the release of a material announcement.
scomi own scomies...peolpe after the mother company that has controlling stake. if scomies perform outstanding, than by default mother olso up..but that is not the case at the moment.
based on the price movement at Scomies....tomorrow should be something positive.....some quarters already know the news, just a matter of time to be released for the public..
General Announcement (201907173000311) Company Name SCOMI GROUP BHD Stock Code / Short Name 7158 / SCOMI Date & Time Announce 17/07/2019 06:08:50 PM Subject OTHERS
Content OTHERS SCOMI GROUP BHD ('SGB' OR 'THE COMPANY')- MONTHLY ANNOUNCEMENT ON THE STATUS OF DEFAULT IN PAYMENT TO AXIS BANK LIMITED PURSUANT TO PARAGRAPH 9.19A OF THE BURSA MALAYSIA SECURITIES BERHAD'S MAIN MARKET LISTING REQUIREMENTS You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
OTHERS SCOMI GROUP BHD ("SGB" OR "THE COMPANY") - MONTHLY ANNOUNCEMENT ON THE STATUS OF DEFAULT IN PAYMENT TO AXIS BANK LIMITED PURSUANT TO PARAGRAPH 9.19A OF THE BURSA MALAYSIA SECURITIES BERHAD'S MAIN MARKET LISTING REQUIREMENTS SCOMI GROUP BERHAD
Type Announcement Subject OTHERS Description SCOMI GROUP BHD ("SGB" OR "THE COMPANY") - MONTHLY ANNOUNCEMENT ON THE STATUS OF DEFAULT IN PAYMENT TO AXIS BANK LIMITED PURSUANT TO PARAGRAPH 9.19A OF THE BURSA MALAYSIA SECURITIES BERHAD'S MAIN MARKET LISTING REQUIREMENTS We refer to our announcements dated 18 January 2019, 18 February 2019, 18 March 2019, 19 April 2019, 17 May 2019 and 17 June 2019.
The Company wishes to inform that there are no developments on the status of the default in payment as at the date of this announcement. Further announcement on the development of the above matter will be made as and when necessary.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Drybz
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Posted by Drybz > 2019-07-17 09:17 | Report Abuse
https://www.theedgemarkets.com/article/wan-azmi-said-surface-substantial-shareholder-scomi