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Scomi Energy gets nod to dispose of oilfield services division for RM21mil

KUALA LUMPUR: Shareholders of Scomi Energy Services Bhd (SESB) have approved the disposal of its oilfield services business division for RM21mil. ....

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Scomi Energy units to remain under judicial management for six more months

The extension order was granted by Justice Datuk Azmi Ariffin at the Shah Alam High Court today.
The three subsidiaries are Scomi Oiltools Sdn Bhd, Scomi KMC Sdn Bhd and KMCOB Capital Bhd (KMCOB).
The court also granted an extension of time of 60 days for the judicial manager to send a statement of his proposal to the Registrar of Companies and to all creditors of the affected companies.
The order also allows the manager to lay the statement of proposal before a meeting of the affected companies’ creditors, Scomi Energy said in a filing with Bursa Malaysia.
Lawyers Lee Shih and Pang Huey Lynn from Messrs Lim Chee Wee Partnership appeared for the judicial manager in today’s court proceedings. ....

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Sarawak Consolidated, Mitrajaya, Top Glove, Supermax, Eonmetall, LKL, Gets Global, Dialog, Berjaya Food, MHB, Teo Seng, Oriental Interest, GENM, AirAsia, Sapura Energy and Scomi Energy

KUALA LUMPUR (Feb 9): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Feb 10) include: Sarawak Consolidated Industries Bhd, Mitrajaya Holdings Bhd, Top Glove Corp Bhd, Supermax Corp Bhd, Eonmetall Group Bhd, LKL International Bhd, Gets Global Bhd, Dialog Group Bhd, Berjaya Food Bhd, Malaysia Marine and Heavy Engineering Holdings Bhd, Teo Seng Capital Bhd, Oriental Interest Bhd, Genting Malaysia Bhd, AirAsia Group Bhd, Sapura Energy Bhd and Scomi Energy Services Bhd.
Sarawak Consolidated Industries Bhd’s units have bagged contracts worth RM821.32 million in Malaysia and Qatar for engineering, procurement, construction and commissioning (EPCC) projects. The first contract is for an EPCC project in Kuching worth RM421.97 million for the proposed mixed development in the Muara Tuang Land District and part of River Bank reserve, with an expected duration of 108 months. The second contract is for an EPCC contract in Qatar worth US$98 ....

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