Scomi Group, Scomi Energy share trades suspended

KUALA LUMPUR (Jan 21): Scomi Group Bhd and its subsidiary Scomi Energy Services Bhd's share trades have been suspended from 9am to 5pm today pending a material announcement.

In separate filings to Bursa Malaysia today, Scomi Group and Scomi Energy said Bursa has approved both companies' share-trade suspension requests.

Scomi Group owns a 65.64% stake in Scomi Energy.

Prior to the suspension, Scomi Group's share price closed down 1.5 sen or 25% yesterday at 4.5 sen for a market capitalisation of RM43.21 million.

Scomi Energy shares fell one sen or 12.5% to seven sen for a market capitalisation of RM163.91 million.