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Scomi Engineering Bhd (SMNG.KL)

SMNG.KL on Kuala Lumpur Stock Exchange

0.35MYR
28 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Scomi Engineering updates on sale and leaseback of properties
Monday, 1 Aug 2016 06:24am EDT 

Scomi Engineering Bhd : Scsb, unit of seb's subsidiary, and seb entered into agreements in relation to sale and leaseback of properties . Entered into sale and purchase agreement for the sale of the properties between scsb and the trustee . Entered into lease agreement for the leaseback of the properties between the seb and the trustee . Says total consideration for the sale of the properties of 42 million rgt . Sale will result in a one-off gain of approximately 2 million rgt to seb group . Source (http://bit.ly/2abwFkg) ((For more news, please click here [SMNG.KL])) ((Bengaluru Newsroom; +91 80 6749 1130)).  Full Article

Scomi Engineering provides update on legal proceedings
Thursday, 21 Jul 2016 01:49am EDT 

Scomi Engineering Bhd : Scomi transit projects issued notice of arbitration against prasarana Malaysia to resolve disputes between claimant and respondent . Says that the effect of the arbitration on the ongoing business performance of the company is dependent on the outcome .  Full Article

Scomi Engineering updates on legal proceedings
Tuesday, 21 Jun 2016 07:10am EDT 

Scomi Engineering Bhd : Scomi transit projects following receipt of notice of termination issued by prasarana Malaysia, starts legal proceedings against pmb . Granted stp an interim order and injunction restraining pmb from terminating the project contract agreement dated 3 June 2011 . Originating summons issued on 20 June 2016 is taken to ensure that project is completed and to prevent pmb from terminating contract .  Full Article

Scomi Engineering updates on legal proceedings
Friday, 10 Jun 2016 06:11am EDT 

Scomi Engineering Bhd : Says Scomi transit projects sdn bhd served claims on prasarana Malaysia in amount of 365 million rgt . Claims in respect of contract price variations and claims for extension of time and related costs/price increases .  Full Article

Scomi Engineering Bhd says entered into MOU with MPE and Brasell
Friday, 3 Jun 2016 05:50am EDT 

Scomi Engineering Bhd : Says on may 30 entered into memorandum of understanding with mpe and brasell . Mou to regulate the proposed by seb and brasell of the mpe quotas . Total cash consideration of the proposed acqusition of BRL 20 million .  Full Article

More From Around the Web

BRIEF-Scomi Engineering Bhd clarifies on article "Chinese firms keen on Scomi's rail operation"

* "Clarifies that any proposals involving its equity stake in its rail division are still in preliminary and exploratory stage"

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