QUOTE AND NEWS
Business Times - Malaysia  May 13  Comment 
Scomi Group Bhd's (Scomi) oilfield services business has secured a letter of award from Dragon Oil (Turkmenistan) Ltd to provide drilling and completion fluid services in Turkmenistan worth RM98.5 million. The president of market units for Scomi...
Business Times - Malaysia  Mar 25  Comment 
The businessman also told Business Times that he is quitting as Avalon Minerals Ltd chairman. Abu Sahid had bought into Avalon, a company listed on the Australian Stock Exchange, in 2008 and controls about 11 per cent of its...
Business Times - Malaysia  Jan 2  Comment 
The proposed RM110 million bond issuance to IJM Corp will have to be approved by the shareholders of Scomi Group first before it can be issued to the construction group, a market observer said. The proposed bond issuance is part of the corporate...
The Hindu Business Line  Dec 9  Comment 
Monorail will be the feeder service to connect the mass transport systems, like the existing suburban railway network. — Kanesan Veluppillai, Group Chief Operating Officer (Transport Solutions), Scomi Group
Business Times - Malaysia  Dec 7  Comment 
KUALA LUMPUR: Scomi Group Bhd's oilfield services business, under Scomi Oiltools, has bagged a RM93.6 million contract from PTTEP International Ltd. In a statement today, Scomi said it would provide both its drilling fluids and drilling waste...
Business Times - Malaysia  Oct 19  Comment 
IJM Corporation Bhd expects the proposed 25.08 per cent stake acquisition in Scomi Group Bhd to be completed by year-end Executive Deputy Chairman Tan Sri Krishnan Tan Boon Seng said today. He said Scomi had already given IJM the placement shares...
Business Times - Malaysia  Oct 16  Comment 
KUALA LUMPUR: Scomi Group Bhd today clarified that the plan to dispose of its three subsidiaries to Scomi Marine Bhd is intact and ongoing. The group said the sale of the subsidiaries comprising Scomi Oilfield Ltd (SOL), Scomi Sosmi Sosma Sdn...
Business Times - Malaysia  Sep 27  Comment 
Hong Leong Investment Bank upgraded IJM Corp Bhd to "buy" from "trading buy" after shares of the construction firm plunged on its purchase of a 10 percent stake in its peer Scomi Group Bhd. "We believe that the recent sell down is...
Business Times - Malaysia  Sep 25  Comment 
Trading in the shares of Scomi Group resumed with effect from 10 am today. Scomi Group, which was the most actively traded counter this morning, had requested for a suspension of trading in its securities on the main market from 2.30 pm to 5.00...
Upstream Online  Mar 1  Comment 
Malaysian company Scomi Group will restructure some of its subsidiary companies to create a dedicated upstream drilling services company.





 


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