Fact-checked by Grok 2 weeks ago

Scomi

Scomi Group Bhd is a Malaysian-based and investment that provides integrated services primarily in the oil and gas industry, alongside transport solutions, operating globally with a focus on , production enhancement, marine support, and engineered transport systems. Established as a listed entity on 13 May 2003 on the Second Board (now ACE Market) of , Scomi transferred to the Main Market on 13 May 2014, but was delisted on 31 March 2023 following financial difficulties. The company has evolved from its initial focus on niche oilfield services to a diversified provider, emphasizing sustainable and environmentally compliant solutions across its operations. Scomi's core business segments include and completion services, such as drilling fluids and ; development and services, encompassing field management and facilities; marine services for and support; and transport solutions featuring systems, buses, and defense vehicles. A key subsidiary, Scomi Energy Services Bhd, was listed on the Main Board of until its delisting on 12 February 2025 and specializes in oil and gas services. As a private company since 2023, Scomi maintains operations in approximately 28 countries and employs over 2,000 people, having expanded into emerging markets including , , the , and through its subsidiary Scomi Pte. Ltd., delivering tailored solutions to meet energy and demands.

Corporate Profile

Founding and Early Incorporation

Scomi traces its origins to Subang Commercial Motor Industries (S.C.O.M.I.), a Malaysian incorporated in primarily engaged in motor-related activities, including the maintenance and operation of commercial vehicles such as buses. Initially focused on basic transport services within the public transportation sector, the operated on a modest scale, providing omnibus and motor services in the Subang area of . In 2000, S.C.O.M.I. was acquired by Kaspadu Sdn Bhd, a private investment vehicle controlled by prominent Malaysian businessmen Tan Sri Kamaludin Abdullah and Shah Hakim Zain, marking a significant shift in the company's direction. Under this new ownership, the focus pivoted from traditional motor services toward broader and operations, laying the groundwork for diversification into more specialized sectors. This acquisition enabled the infusion of capital and strategic expertise, transforming the entity from a local transport operator into an emerging engineering player. Following the acquisition, the company underwent a to form Scomi Group Bhd, which was officially incorporated on 9 2002 as an investment in preparation for its listing. This transition consolidated its operations under a unified structure, emphasizing solutions and while retaining core capabilities as an before a full pivot to oil and gas services. The reorganization positioned Scomi Group Bhd for its debut on the Second Board of on 13 May 2003.

Ownership and Leadership

Scomi Group Bhd, with roots tracing back to a company established in 1990, was incorporated on 9 February 2002 and publicly listed on the Second Board of on 13 May 2003, before transferring its listing to the Main Market on 13 May 2014. The company faced financial distress, attaining Practice Note 17 (PN17) status in 2017, which ultimately led to its delisting from the Main Market on 29 March 2023 after failing to meet regularization requirements. Prior to delisting, major shareholders included Datuk Kamaluddin Abdullah and Shah Hakim @ Shahzanim Zain, who acquired control of the company in 2000 through Kaspadu Sdn Bhd and collectively held approximately 44.32% of the equity as of 2022 via their investment vehicles. Kamaluddin Abdullah, son of former Malaysian , played a pivotal role in the company's early expansion. While Scomi maintained business partnerships with , such as joint agreements for chemical solutions in the oil and gas sector, there were no direct ownership ties to the state-owned entity. Following delisting, detailed public disclosure of ownership ceased, though institutional investors like Amanah Asset Holding Sdn Bhd and Amanah Capital Malaysia Berhad were previously noted as substantial shareholders. Key leadership at Scomi has evolved with the company's challenges. Shah Hakim @ Shahzanim Zain, a co-controlling and long-time executive, served as until his on 2 August 2018 to pursue other commitments; he remained influential through his equity stake and prior roles, including as Non-Independent since 2003. Tse Kwok Fai succeeded him as CEO on the same date, bringing over 30 years of experience in oil and gas operations, including prior roles at and ; Tse, a British national with degrees from the and the , also serves as an . Other senior management includes Chacko Kunjuvaru as , appointed with expertise in for and oil and gas firms. The comprises a mix of and non-independent members to ensure oversight. As of the latest available details, it includes Independent Non-Executive Directors such as Dato’ Wan Shaharuddin bin Wan Mahmood (aged 64, with committee roles in and executive functions since 2021), Lam Vun Chiang, and Tunku Azlan bin Tunku Aziz (appointed 18 June 2020), alongside non-independent figures. While listed, Scomi adhered to Malaysia's guidelines, including requirements for board composition with at least one-third directors, establishment of , , and committees, and annual evaluations of board effectiveness. Post-delisting, the company continues internal practices focused on and ethical standards, though specific 2025 updates on board composition are not publicly detailed.

Global Presence and Subsidiaries

Scomi Group Berhad maintains a significant international footprint, operating in 21 countries across , the , , , and the Americas. The company employs more than 2,000 personnel across 42 locations worldwide, supporting its diversified operations in and sectors. Its headquarters is located in , Malaysia, which serves as the central hub for strategic oversight and regional coordination. Key regional hubs bolster Scomi's global reach, including established operations in for South American expansion, for South Asian markets, the (such as the and ) for Middle Eastern activities, and for East Asian engagements. These hubs facilitate localized service delivery and partnerships in emerging markets, with Scomi International Pte. Ltd. established to drive further international growth. A notable example of long-term international commitment is Scomi's entry into in 2005, where it secured multiple contracts, including a RM157 million agreement for drilling fluids and services with Carigali Sdn Bhd. Among its major subsidiaries, Scomi Energy Services Bhd focuses on oilfield services and was a key entity until its delisting from on 12 February 2025 following failure to submit a required regularisation plan. Scomi Engineering Bhd, centered on and solutions, entered winding-up proceedings after High Court approval in January 2020, with its assets deconsolidated from the group by mid-2019. Similarly, Scomi Rail Bhd, which specialized in transport solutions including systems, ceased manufacturing operations following a High Court winding-up order in May 2019 due to unpaid debts. Despite these challenges, the parent company's global structure continues to support ongoing operations through remaining entities and partnerships.

Business Operations

Oil and Gas Services

Scomi Energy Services Bhd, through its subsidiary Scomi Oiltools, specialized in providing integrated upstream oilfield services, focusing on fluids solutions and to support and activities worldwide. fluids services included the and supply of high-performance water-based, non-aqueous, and drill-in fluids designed to optimize wellbore stability, , and cuttings transport while minimizing environmental impact. These solutions were backed by facilities, including one in for oilfield chemicals, enabling customized products for enhanced operational efficiency. Complementing this, followed a approach—reduction at source, , , and disposal—to process cuttings and fluids, ensuring compliance with environmental regulations through solids control, , and technologies. Additionally, Scomi engaged in barite mining and supply via Scomi Barite Sdn Bhd, providing this essential weighting agent for muds to increase fluid density in high-pressure environments. As of , operations spanned upstream activities across 42 locations in 21 countries, serving major clients such as Carigali, with notable contracts including a RM2.1 billion agreement in 2013 for integrated services in and a three-year RM380 million deal in for fluids and completion services. International engagements extended to , where Scomi secured $150 million contracts in for mud products and engineering, as well as projects in through Carigali Myanmar Inc., valued at RM90 million combined in 2014. These contracts underscored Scomi's role in supporting complex and onshore operations for companies and international operators. Scomi's oil and gas operations were structured into key segments, including investment holding and management services at the group level, core services encompassing fluids and , and support for the industry through related . Historically, the oilfield services segment was the primary revenue driver, contributing 82% of the group's of RM1.38 billion in 2011, reflecting its dominance in upstream services prior to broader diversification. Following the delisting of Scomi Group Bhd on March 31, 2023, and Scomi Energy Services Bhd on February 12, 2025, operations have been significantly scaled back. As of 2025, Scomi Energy continues as an unlisted entity with limited activities, reporting a net loss of RM0.75 million for the financial year ended June 30, 2024, and engaging in talks with potential investors amid risks.

Transport and Rail Solutions

Scomi Engineering Bhd, a key subsidiary of Scomi Group Bhd, led the company's transport solutions segment, specializing in systems, vehicle , and logistics services tailored to the sector. Established in 1997, the division initially focused on projects and urban transit solutions, providing end-to-end services from and to and . This expertise positioned Scomi as a regional pioneer in automated technologies, particularly monorails, with operations spanning vehicle production until the cessation of active in 2019. The Scomi Rail division, integral to these efforts, developed and supplied monorail vehicles for major urban transit initiatives. A flagship project was the supply of 55 two-car train sets for the Kuala Lumpur Monorail Line, operational since 2003 as part of the Klang Valley Integrated Transit System, enhancing connectivity across Malaysia's capital region with a capacity for over 20,000 passengers per hour. Internationally, Scomi secured bids for monorail systems in emerging markets, including a US$824 million contract in 2012 to deliver 48 train sets and infrastructure for São Paulo's Line 18, designed to transport 35,000 passengers hourly. Additional projects included the Mumbai Monorail, where Scomi provided 48 SUTRA-series vehicles in 2014—the first overseas deployment of its proprietary monorail technology developed in 2006-2007—and unsuccessful bids for systems in Jakarta and Colombo. These initiatives underscored Scomi's role in advancing efficient, elevated urban rail solutions in densely populated areas. Vehicle manufacturing under Scomi Rail emphasized lightweight, automated cars, with the (Scomi Urban Transit Rail Application) model featuring advanced propulsion and energy-efficient designs for high-capacity urban environments. From 1997 to 2019, the division produced specialized rail vehicles, including those for the system, before entering amid financial pressures, leading to the winding-up of related subsidiaries. Post-2019, Scomi shifted focus away from new monorail production while retaining legacy maintenance contracts. In , Scomi Energy Services Bhd delivered solutions for and gas, including support vessels and transportation via tug-and-barge operations to power plants across . These services emphasized safe, efficient energy engineering, handling bulk cargoes and third-party requirements for the sector. Complementing rail efforts, non-rail mobility solutions included manufacturing special-purpose vehicles such as petrol tankers and refuse compactors, supporting broader needs. To revive rail capabilities, Scomi Group Bhd formed a in 2021 with Zuha Systems Sdn Bhd, allocating 20% equity to Scomi for bidding on design, construction, and maintenance tenders in conventional and urban projects across . This leveraged Scomi's heritage and Zuha's track expertise to target anticipated expansions.

Other Engineering Services

Scomi provided drilling waste management (DWM) services designed to minimize environmental impact in oilfield operations by reducing waste generated during drilling to acceptable levels through a structured of reduction at source, , treatment, and disposal. These services encompassed solids control, containment handling, , and customized project management, with 24/7 global support for equipment installation, operation, and maintenance to ensure compliance with international environmental standards. By integrating advanced technologies, Scomi's DWM solutions focused on precise planning and disposal criteria that protected ecosystems while supporting efficient oilfield workflows. In the coal sector, Scomi offered engineering support through marine logistics services, leveraging over 30 years of experience to facilitate energy logistics and offshore operations. These services included production enhancement and facility development tailored to coal industry needs, emphasizing reliable transport and handling solutions for resource extraction and distribution. Scomi's Energy & Logistics Engineering business was established post-2006 as a key venture to expand beyond core operations, focusing on integrated engineering for energy sector logistics including subsurface technical services and production management. This division marked a strategic shift in 2006, enabling the company to provide comprehensive support for energy infrastructure projects worldwide. Scomi pursued through waste minimization and environmental preservation initiatives in its operations. These efforts prioritized chemical management and in oilfield and to align with broader goals.

Historical Timeline

Origins and Initial Expansion (1990–2003)

Scomi Group's origins trace back to 1990, when it was established as Subang Commercial Omnibus & Motor Industries Sdn Bhd, a firm specializing in the motor industries with a primary on bus body building and related services. Initially operating in the transportation sector, the company provided basic services in vehicle maintenance and assembly, laying the groundwork for its future diversification. In 2000, the company underwent a significant acquisition by Kaspadu Sdn Bhd, a controlled by Sri Kamaludin Abdullah and Zain, in conjunction with Onstream Marine Sdn Bhd, which shifted its strategic direction toward services. This restructuring introduced a stronger emphasis on capabilities, particularly in preparation for entry into more specialized sectors, while changes positioned Kamaludin Abdullah and Shah Hakim Zain as key figures in steering the company's growth. Concurrently, Scomi began expanding into basic logistics operations, enhancing its service portfolio to support needs in emerging markets. As part of its pre-listing preparations, Scomi Group Bhd was incorporated in 2002 to serve as the listing vehicle, with efforts focused on consolidating operations for on the Second Board of . For the financial year ended 2002, the group achieved revenue of RM158.51 million and an after-tax profit of RM14.64 million, reflecting solid growth ahead of its market debut. The involved the issuance of 12.3 million shares at RM1.38 each, which was oversubscribed 9.16 times, culminating in maiden trading on May 13, 2003.

Growth and Diversification (2004–2018)

Following its initial public listing in 2003, Scomi pivoted toward the and gas sector to capitalize on rising global energy demands. In 2004, the company acquired a 71% stake in Oiltools International Ltd, a Singapore-based provider of and oilfield services, for approximately RM294 million (US$77.3 million), which significantly bolstered its capabilities in fluids and solids control. This acquisition facilitated Scomi's entry into markets, including the , where Oiltools already had established operations in countries like the and , enabling the provision of integrated support services to companies. By 2007, Scomi secured its first contract in , valued at RM157 million, from Carigali for mud engineering, solids control, and services in the region, marking a key step in its upstream oilfield expansion. Parallel to its oil and gas advancements, Scomi's rail division experienced substantial growth through high-profile monorail projects, positioning the company as a key player in urban transport solutions. Established in 2006 as Scomi Rail, the division's manufacturing operations peaked during the mid-2010s, with facilities in Malaysia producing advanced monorail systems for export. Notable projects included the Mumbai Monorail in India, awarded in 2008 as Scomi's first international rail venture, involving the design, construction, and supply of 10 train sets for a 20 km network. This was followed by a RM646 million contract in 2011 for a 20 km monorail line in São Paulo, Brazil, underscoring the division's engineering prowess in emerging markets. These initiatives drove revenue diversification, with rail contributing to Scomi's broader logistics engineering portfolio. By 2011, Scomi's strategic expansions yielded significant financial milestones, with group reaching RM1.38 billion, of which 79% derived from its oilfield services amid favorable prices and contract wins. The company's geographic footprint expanded rapidly, entering markets in , , and through rail and energy projects, while establishing operations in 27 countries across , the , , and the Americas, supported by 52 locations worldwide. This diversification reduced reliance on domestic markets and aligned with global infrastructure and energy trends.

Financial Challenges and Restructuring (2019–Present)

In 2019, Scomi Rail Bhd, a key in the group's arm, ceased operations following a order for its winding-up on May 6, due to failure to settle debts with Islamic Bhd amounting to approximately RM120 million. This decision marked the end of Scomi's active activities, exacerbating the group's financial pressures amid broader industry downturns in oil and gas services. By January 2020, Scomi Energy Services Bhd, the listed entity under the Scomi Group, was classified under Practice Note 17 (PN17) by after its consolidated shareholders' equity fell below 50% of paid-up capital, signaling severe financial distress. The classification stemmed from accumulated losses, mounting debts, and liquidity issues, prompting mandatory regularisation efforts to restore compliance. Concurrently, Scomi Engineering Bhd was wound up by on January 30, 2020, further limiting the group's operational scope. Scomi's restructuring initiatives faced significant hurdles, including multiple appeals for judicial management. In April 2021, the High Court dismissed the group's application for judicial management under the Companies Act 2016, ruling it unavailable to public listed companies like Scomi Group Bhd. This decision was upheld by the Court of Appeal on May 23, 2022, which affirmed that judicial management provisions do not apply to listed entities, dashing hopes for a structured rehabilitation process. Scomi Group Bhd was delisted from Bursa Malaysia on April 22, 2022, following failure to regularize its PN17 status. Restructuring attempts also involved repeated requests for extensions from Bursa Malaysia to submit regularisation plans; while a six-month extension was granted in June 2022 until November 30, subsequent applications failed, including a rejection in July 2023 that led to share trading suspension. These efforts ultimately collapsed, culminating in the delisting of Scomi Energy Services Bhd from Bursa Malaysia on February 12, 2025, after dismissal of its final appeal for an extension. As of 2025, Scomi continues limited operations through strategic partnerships, including an ongoing with Zuha Systems Sdn Bhd established in May 2021 to pursue sector opportunities in , focusing on conventional and projects. Additionally, the group maintains activities in via Scomi Oiltools, receiving revenues there from 2021 to 2024 despite on the region, with no announced exit as of 2025. In November 2025, Scomi reached a settlement agreement with Bhd, potentially signaling financial stabilization. These developments reflect persistent challenges in stabilizing the group's finances amid legal and regulatory constraints.

Innovation and Recognition

Research and Development Initiatives

Scomi has invested significantly in (R&D) focused on fluids, leveraging its Global Research and Technology Center (GRTC) in , , which is ISO 9001:2000 certified and dedicated to product development, technical services, , and training in fluids technology. The GRTC emphasizes innovations in high-performance, non-damaging water-based fluids that enhance efficiency by optimizing interactions between reservoir rock, pore content, and fluids, thereby supporting more effective oil and gas exploration. Additionally, Scomi maintained a specialized R&D facility in for oilfield chemicals, enabling the creation of advanced formulations such as water-based, non-aqueous, and drill-in fluids tailored to client needs in challenging environments. In the area of waste management, Scomi's R&D initiatives prioritized the waste management hierarchy—reduction at source, , , and disposal—through customized project studies that ensure environmental compliance and cost efficiency during operations. Proprietary solutions like the HYDRO-FOIL system, a (KCl)/partially hydrolyzed (PHPA) low-solids, non-dispersed fluid, exemplify these efforts by stabilizing moderately reactive shales and minimizing formation damage to improve overall exploration outcomes. These advancements are supported by state-of-the-art laboratories at the GRTC, which facilitate rigorous testing and in solids control, containment, and technologies. Established during the company's expansion in the 2000s, the GRTC was designed to drive innovative solutions in drilling fluids and , with a core focus on sustainable practices such as reducing environmental impact through efficient resource use and safe extraction methods. By the mid-2000s, this center had become integral to Scomi's strategy for promoting excellence in eco-friendly oilfield technologies, including fluids that lower generation and enhance recyclability.

Awards and Achievements

Scomi Group Bhd earned early recognition for its contributions to export services and environmental management in the transport sector during the . In 2008, the company received the Industry Excellence Award in the Export Services category from Malaysia's Ministry of International Trade and Industry (Miti), acknowledging its strong performance in services development, global , and across 36 countries. The following year, Scomi was awarded the Greentech Environment Excellence Silver Award in the sector by the Greentech at the 10th Global Conference in , , for exemplary environmental practices in raw materials consumption and manufacturing of bus and coach products, which supported sustainable community benefits. In the 2010s, amid peak growth and diversification, Scomi's oilfield services division secured major industry recognitions through high-value contracts that underscored its technical expertise. A landmark achievement came in 2013 with a RM2.1 billion contract award from Petronas for drilling fluids and related services, expected to bolster the company's earnings and expand its regional footprint in upstream operations. Similarly, in 2014, Scomi Energy Services Bhd won two contracts totaling RM90 million from Petronas Carigali in Myanmar for drilling fluids, solids control, and engineering solutions, pushing the group's order book to $1.58 billion and highlighting its growing international presence in Southeast Asia. These accolades reflected Scomi's innovation in oil and gas technologies during a period of aggressive expansion. Scomi's rail solutions also garnered project-based excellence in the 2010s, with the consortium led by Scomi Engineering Bhd securing the RM2.76 billion contract for São Paulo's Line 17 in in 2011, valued at RM646 million for Scomi's portion, involving , , and integration of 28 trains. This milestone demonstrated the company's prowess in large-scale urban transport infrastructure, further evidenced by additional RM504.6 million works on the same project in 2016. Following financial restructuring after 2019, Scomi continued to achieve operational recognitions through joint ventures and focused services. In 2019, the oilfield division was awarded two $150 million contracts by for mud products and engineering services, affirming its resilience and technical reliability in the market. These post-challenge successes, including contributions from rail joint ventures, had positioned Scomi as a key player in and transport solutions during its active period. However, following intensified financial difficulties after 2019, Scomi's ability to pursue further innovations and secure new recognitions diminished, culminating in the company's delisting in 2023.

References

  1. [1]
    Corporate Overview - Scomi Group Bhd
    Scomi has been spearheading expansion in the emerging markets of Brazil, India, Gulf States and China. Through its new company Scomi International Pte. Ltd., ...
  2. [2]
    Scomi Energy Services Bhd
    Scomi Energy Services Bhd (SESB), listed on the Main Board of Bursa Malaysia, is a subsidiary of Scomi Group Bhd providing services to the oil and gas, and ...
  3. [3]
    Cover Story: Scomi's colourful past - The Edge Malaysia
    Feb 20, 2019 · Just a few years before that, the company had been known as Subang Commercial Omnibus & Motor Industries Sdn Bhd and was largely in the business ...
  4. [4]
    Scomi Group Berhad Company Profile - Malaysia - EMIS
    Scomi Group was founded in 1963 and based in Kuala Lumpur, Malaysia. Contact Details: Purchase the Scomi Group Berhad report to view the information. Total ...<|control11|><|separator|>
  5. [5]
    SCOMI GROUP BHD.: Company & Credit Report - CTOS
    COMPANY DESCRIPTION. SCOMI GROUP BHD. was incorporated on 2002-02-09 in Malaysia with registration number of 0571212A / 200201003549. SCOMI GROUP BHD.
  6. [6]
    Scomi Group Bhd – Service Provider in The Oil & Gas, and ...
    Scomi Group Bhd (“Scomi” or “the Group”), is a global service provider in the oil & gas and transport solutions industries. It is a listed on the Main Market of ...Career @ Scomi · Scomi Energy Services Bhd · Corporate Overview · News
  7. [7]
    Bursa Malaysia to delist Scomi | The Star
    Mar 29, 2023 · Bursa Malaysia has decided to delist Scomi Group Bhd's securities from its official list pursuant to paragraph 8.04 of the Main Market Listing Requirements.
  8. [8]
    Scomi to be 2nd Abdullah Badawi's linked stock to bite the dust after ...
    Apr 12, 2022 · “Just a few years before that, the company had been known as Subang Commercial Omnibus & Motor Industries Sdn Bhd and was largely in the ...Missing: 1990 | Show results with:1990
  9. [9]
    PETRONAS Chemicals and Scomi to Jointly Develop and Market ...
    Jun 25, 2019 · The first agreement was to formalise the ongoing research and development (R&D) of chemical solutions mainly targeted for the oil and gas industry.
  10. [10]
    SCOMI (7158): Company Corporate Figures or Shareholders
    AMANAH ASSET HOLDING SDN BHD ("AAHSB"), Shareholder ; AMANAH CAPITAL MALAYSIA BERHAD ("ACMB"), Shareholder ; AMANAH CAPITAL PARTNERS BERHAD ("ACP"), Shareholder.
  11. [11]
    Shah Hakim resigns as Scomi Group CEO - New Straits Times
    Aug 2, 2018 · KUALA LUMPUR: Shah Hakim @ Shahzanim Zain has resigned as chief executive officer of Scomi Group Bhd to focus on other business commitments.Missing: date | Show results with:date
  12. [12]
    Key Senior Management – Scomi Group Bhd
    Sammy Tse Kwok Fai Chief Executive Officer. Mr Sammy, male, aged 56, a British, is an Executive Director of the Company and was appointed to the Board on 24 ...
  13. [13]
    Scomi Group: Governance, Directors and Executives & Committees
    Composition of the Board of Directors: Scomi Group ; Shaharuddin bin Wan Mahmood. 64 year. Audit Committee, 2021-03-25. Executive Committee, 2021-03-25.
  14. [14]
    Board of Directors – Scomi Group Bhd – Service Provider in The Oil ...
    Encik Shah Hakim, aged 55, a Malaysian, is the Non-Independent Non-Executive Director of the Company. He was appointed to the Board as Non-Independent Executive ...
  15. [15]
    Scomi Group Bhd - LinkedIn
    Scomi Group Bhd, a global service provider mainly in the oil and gas industry, is a company listed on the Main Market of Bursa Malaysia.
  16. [16]
    Scomi Energy Services - KeyfactsEnergy
    Scomi Energy Services Bhd (“SESB”) is a Bursa Malaysia listed global service provider and Vestigo is a marginal field focussed subsidiary of Petronas.
  17. [17]
    Scomi Group Bhd/Derrick Solutions International -
    Scomi began operations in Turkmenistan in 2005, and has been awarded three contracts by Petronas Carigali Sdn Bhd alone for work in Turkmenistan. In 2007, Scomi ...
  18. [18]
    Scomi Group Berhad Company News - Rigzone
    Scomi Secures RM157 Million Contract In Turkmenistan. Scomi is to provide drilling fluids and waste management. 8:00 PM EST | October 24, 2007. Scomi Records ...
  19. [19]
    Scomi Energy To Be Delisted On Feb 12 As Bursa Dismisses ...
    Feb 6, 2025 · Scomi Energy, which fell into PN17 status in January 2020, will be removed from the Official List of Bursa Securities on Feb 12, 2025.Missing: subsidiaries | Show results with:subsidiaries
  20. [20]
    Court approves winding-up of Scomi Engineering - The Edge Malaysia
    Scomi Group Bhd said the High Court yesterday approved winding-up its wholly-owned subsidiary Scomi Engineering Bhd.
  21. [21]
    Scomi Rail to wind up operations | Global Mass Transit Report
    May 10, 2019 · Malaysia's high court has ordered monorail manufacturer Scomi Rail to wind up operations on May 6, 2019. The ruling came after Scomi Rail ...
  22. [22]
    Oilfield Services - Scomi Group Bhd
    Scomi Oiltools, a subsidiary of Scomi Energy Services Bhd, is one of the world's leading providers of innovative high performance drilling fluids solutions.Missing: website | Show results with:website
  23. [23]
    Drilling Fluid - Scomi Group Bhd
    Scomi Group Bhd – Service Provider in The Oil & Gas, and Transport Solutions Industries ... Case History. Oilfield Services · QHSE · Drilling Waste Management ...Missing: barite mining
  24. [24]
    Drilling Waste Management - Scomi Group Bhd
    Drilling waste management (DWM) services provided by Scomi Oiltools reduces wastes generated during drilling activities to acceptable environmental levels.
  25. [25]
    [PDF] Scomi Group Bhd - I3investor
    Dec 31, 2011 · In May 1995, he joined Petronas to assume the position of Managing Director of Petronas Gas Berhad (PGB) and subsequently moved on to Petronas ...
  26. [26]
    Scomi gets RM2.1b Petronas Carigali job - The Edge Malaysia
    Mar 8, 2013 · In 2006, Scomi received a much smaller five-year drilling fluids contract worth US$500 million (RM1. 55 billion) from Petronas. This resulted ...Missing: historical | Show results with:historical
  27. [27]
    Scomi wins $150m mud contracts in Kuwait - Upstream Online
    Mar 26, 2019 · Scomi wins $150m mud contracts in Kuwait. Company to provide mud products and mud engineering services to Kuwait Oil Company.
  28. [28]
    Scomi seals 2 deals worth $27.5M in Myanmar - Asmag.com
    Scomi Energy Services Bhd (SESB) has won two contracts worth RM90 million ($27.5 million) from Petronas Carigali Myanmar Inc (PCMI) and Petronas Carigali ...
  29. [29]
    SCOMI-Page 24 To ProxyForm (2.3MB) | PDF - Scribd
    SCOMI GROUP BHD. Financial Statements 66 Directors' Report 72 Statements of Comprehensive Income 74 Statements of Financial Position 76 Consolidated Statement ...
  30. [30]
    Service Provider in The Oil & Gas, and Transport Solutions Industries
    Scomi Engineering, a subsidiary of Scomi Group, is the regional leader in Transport Solutions. Committed to providing world-class services that are ...Missing: non- | Show results with:non-<|separator|>
  31. [31]
    Malaysia's Scomi inks $824 mln Brazil monorail deal - Reuters
    Jan 19, 2012 · The announcement follows a project award in August for the monorail system that will have the capacity to transport 35,000 passengers per hour.Missing: Rail | Show results with:Rail
  32. [32]
    Meeting Global Demand: Scomi Engineering Revolutionises Rail ...
    Jun 5, 2014 · The KL Monorail in Kuala Lumpur, Malaysia is its first monorail system and subsequently Scomi Engineering had secured monorail projects in ...
  33. [33]
    Scomi inks JV deal with Zuha - The Star
    May 20, 2021 · PETALING JAYA: Scomi Group Bhd has signed a joint venture agreement (JVA) with Zuha Systems Sdn Bhd to jointly explore opportunities in the rail ...
  34. [34]
    Marine Logistics Services - Scomi Group Bhd
    Marine logistics services offered by Scomi Energy Services provide coal transportation and third party logistics services to the energy industry.
  35. [35]
    [PDF] Scomi Engineering Bhd
    It acquired the new business portfolio of urban transportation solutions, ventured into joint development partnerships to gain technological expertise in the.
  36. [36]
    [PDF] Scomi Group Bhd - I3investor
    Dec 31, 2006 · Except as otherwise expressly stated, all companies within the Scomi. Group Bhd group of companies are incorporated in Malaysia. ENERGY.<|control11|><|separator|>
  37. [37]
    Scomi Oil Tools Middle East | LinkedIn
    By integrating cutting-edge technology and best practices, we are driving advancements in fluid engineering, chemical management, and waste minimization.النفط والغاز · Chemical Materials, Drilling... · نبذة عنا
  38. [38]
    SCOMI GROUP Verified Details - Malaysia - Company House ...
    2002. Old Registration Number. 571212-A. Buy Company Report. Product information. Order up-to-date official report of SCOMI GROUP BERHAD, All reports are cross ...
  39. [39]
    OilTools buy expected to boost Scomi profit by 50% | The Star
    Nov 7, 2003 · SCOMI Group Bhd expects the proposed acquisition of a 70.9% stake in OilTools ... 2004, said a company spokesman.
  40. [40]
    Scomi bets big on India to buoy its monorail business - Deccan Herald
    Jan 15, 2010 · Briefing a group of visiting reporters from India, Scomi Group Chief Executive Officer Shah Hakim Zain said the Group was excited about India.
  41. [41]
    Malaysia's Scomi gets 646 mln rgt tender for Brazil monorail - Reuters
    Aug 4, 2011 · Scomi Engineering said it has received a contract of worth 646.4 million ringgit ($216.8 million) for a 20-kilometre long monorail project ...Missing: 2004-2018 | Show results with:2004-2018
  42. [42]
    Scomi Energy is now a PN17 company - New Straits Times
    Jan 21, 2020 · KUALA LUMPUR: Scomi Energy Services Bhd has slipped into Bursa Malaysia's Practice Note 17 status.
  43. [43]
    https://www.deccanherald.com/content/47006/scomi-bets-big-india-buoy.html
  44. [44]
    Court of Appeal confirms that Public Listed Companies cannot apply ...
    May 24, 2022 · Alerts · May 2022. Court of Appeal confirms that Public Listed Companies cannot apply for Judicial Management under the Companies Act 2016.
  45. [45]
    Case Update: Court of Appeal Rules Against Scomi Group Judicial ...
    May 23, 2022 · The Court of Appeal dismissed Scomi Group Bhd's appeal against the High Court decision dismissing its judicial management application.
  46. [46]
    Scomi gets extension from delisting | The Star
    Jun 16, 2022 · KUALA LUMPUR: Bursa Malaysia Securities Bhd has decided to allow the appeal and grant Scomi Group Bhd (SGB) a further extension, ...
  47. [47]
    Scomi Energy to be delisted on Feb 12 - The Edge Malaysia
    Feb 6, 2025 · Scomi Energy Services Bhd will be delisted from Bursa Malaysia on Feb 12 after the latter failed to submit its regularisation plan on time.
  48. [48]
    Scomi inks JV agreement to explore opportunities in rail industry
    May 19, 2021 · ... Scomi Group Bhd has inked a joint venture (JV) agreement with Zuha Systems Sdn Bhd to jointly explore opportunities in the rail industry ... 2025 ...
  49. [49]
    #LeaveRussia: Scomi is Doing Business in Russia as Usual
    Scomi Group Berhad is a global service provider that is based in Selangor, Sabah, Malaysia and is mainly involved in oil & gas, transport engineering and ...
  50. [50]
    Global Research & Technology Center - Scomi Group Bhd
    GRTC is a research and technology center for drilling fluids, product development, technical service, and QA/QC, also providing training.
  51. [51]
    Global Research & Technology Center - Scomi Egypt
    Scomi Oiltools Global Research and Technology Center (GRTC) is an ISO 9001:2000 certified, state of the art, research and technology centre located in Kuala ...Missing: oil gas
  52. [52]
    Scomi Drilling Fluid | PDF | Sodium Hydroxide | Solubility - Scribd
    HYDRO-FOIL is the original KCI / PHPA low solids, non-dispersed fluid system that is primarily used to drill moderately reactive shales.
  53. [53]
    [PDF] this is the company... - I3investor
    Dec 31, 2005 · On 7th January 2005, Scomi entered into a conditional Sale and Purchase Agreement with B&O for the sale of Scomi's machine shop business for ...
  54. [54]
    Oilfield Services Scomi Oiltools 0308 | PDF - Scribd
    Scomi Oiltools is fully equipped to provide truly integrated packaged services comprising drilling fluids and engineering services, drilling waste management ...Missing: initiatives | Show results with:initiatives
  55. [55]
    [PDF] Drilling Fluids Scomi
    Responsible Innovation: Scomi actively invests in research and development of innovative drilling fluid technologies that minimize environmental impact and ...
  56. [56]
    Scomi wins excellence award - The Edge Malaysia
    Mar 16, 2009 · KUALA LUMPUR: Scomi Group Bhd has been awarded the Industry Excellence Award 2008 by the Ministry of International Trade and Industry (Miti) ...
  57. [57]
    Scomi awarded the Greentech Environment Excellence Silver ...
    Scomi Group (“Scomi”), a Malaysia-based company has been honoured with the prestigious Greentech Environment Excellence Silver Award 2009 by the Greentech ...
  58. [58]
    Scomi receives RM2.1b Petronas drilling award - The Edge Malaysia
    Mar 7, 2013 · The contract award is expected to contribute positively towards the earnings and net assets per share of the company for its financial years ...
  59. [59]
    Scomi Energy wins RM90mil Petronas contracts - Malaysiakini
    Jan 8, 2014 · Scomi Energy Services Bhd (formerly known as Scomi Marine Bhd) (SESB) has been awarded two Petronas contracts in Myanmar worth a combined RM90 ...
  60. [60]
    Scomi Eng confirms official award of RM2.76b Brazil rail job
    Aug 5, 2011 · The total award is valued at 1.46 billion real or RM2.76 billion of which Scomi Engineering's share is RM646.38 million. Scomi Engineering said ...
  61. [61]
    Scomi Engineering receives additional contract for Sao Paulo ...
    Jun 8, 2016 · Scomi Engineering Bhd has secured additional works for the Line 17 – Gold of the Sao Paulo monorail project in Brazil worth RM 504.6 million ...