PRACTICE NOTE 17 / GUIDANCE NOTE 3 : MONTHLY ANNOUNCEMENT

SCOMI GROUP BERHAD

Type Announcement
Subject PRACTICE NOTE 17 / GUIDANCE NOTE 3
MONTHLY ANNOUNCEMENT
Description
SCOMI GROUP BHD ("SGB" OR "THE COMPANY")

- MONTHLY ANNOUNCEMENT PURSUANT TO PRACTICE NOTE 17 ("PN17") OF THE MAIN MARKET LISTING REQUIREMENTS OF BURSA MALAYSIA SECURITIES BERHAD ("LISTING REQUIREMENTS") ("BURSA SECURITIES")

Reference is made to SGB's announcements dated 3 December 2019, 3 January 2020, 21 January 2020, 3 February 2020, 2 March 2020, 1 April 2020, 4 May 2020, 1 June 2020, 1 July 2020, 3 August 2020, 1 September 2020, 1 October 2020 and 2 November 2020 ("Announcements"). Unless otherwise defined, the terms herein shall bear the same meaning as defined in the Announcements.
 
The Board of Directors of the Company wishes to announce that the Company is in the midst of formulating a regularisation plan to address its financial condition.
 
The Company has approximately nine (9) months to submit its regularisation plan to the relevant regulators for approval.
 
The Company will make necessary announcement with regard to any development on the above matter.
 
This announcement is dated 1 December 2020.






Announcement Info

Company Name SCOMI GROUP BERHAD
Stock Name SCOMI
Date Announced 01 Dec 2020
Category General Announcement for PLC
Reference Number GA1-01122020-00043