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Published on 11/9/2012 in the Prospect News Convertibles Daily.

Scomi proposes RM 110 million of convertible redeemable bonds

By Marisa Wong

Madison, Wis., Nov. 9 - Malaysia's Scomi Group Bhd. plans to issue RM 110 million of convertible redeemable secured bonds, according to an announcement by Hong Leong Investment Bank Bhd.

The company has submitted an application to Bursa Malaysia Securities Bhd. to list the proposed bonds.

Scomi is involved in oilfield services, public transportation and marine services. The company is based in Kuala Lumpur.


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