KUALA LUMPUR (AFX-ASIA) – Scomi Group Bhd has been trading higher, a week after the company had announced plans to buy 70.9% of Oiltools International Ltd for US$77.38 million, dealers said. The company also announced a share placement exercise of up to 11 million Scomi shares at RM12.50 each and a 3-for-5 bonus issue of…
MALAYSIA: Scomi higher on Oiltools buy; bonus/share split plan
Posted on November 14, 2003 by EnergyAsia