Scomi Group Bhd said the High Court has granted orders for two subsidiaries it wholly owns, Scomi Engineering Bhd (SEB) and Scomi Transit Projects Brazil (Sao Paulo) Sdn Bhd (STPBSP), to be placed under judicial management.
Datuk Heng Ji Keng and Andrew Heng from Ferrier Hodgson MH Sdn Bhd were appointed as judicial managers for the two companies, according to the group's filing to Bursa Malaysia.