Scomi Marine to dispose certain subsidiaries
Trading in SCOMI MARINE BHD [] shares has been suspended from 11.26am on Friday, July 9 until 5pm on July 13.
The suspension, at the request of the company, was pending an announcement, said a Bursa Malaysia Securities circular.
Another statement late said: "The suspension involved a material corporate exercise involving a very substantial transaction which will entail the disposal of certain subsidiaries of the company."
Written by Joseph Chin
The Edge Malaysia
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