KUALA LUMPUR: Export-Import Bank of Malaysia (Exim Bank) has served a notice of demand on subsidiaries of Scomi Group Bhd for allegedly failing to pay US$19.13 million (RM80 million) due under bank facilities.
Scomi Transit Projects Brazil (Sao Paulo) Sdn Bhd (STPB), a wholly-owned unit of Scomi Engineering Bhd (SEB), which is in turn a wholly-owned unit of Scomi Group, was the borrower, while SEB acted as its guarantor.