PETALING JAYA: Mohamad Shu’if Haji Mohamad Hussain, a Bruneian entrepreneur, will emerge as the new substantial shareholder of Scomi Group Bhd via his undertaking of the excess shares of the company’s proposed rights issue.
Shu’if will be participating in the exercise via his Hong Kong based vehicle, Sharp Ascend Ltd (SAL), which he is the sole shareholder.
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