Topic

#corporate-restructuring

2 stories tagged

SCIB completes RM113mil asset sale, pivots to construction and EPCC focus

SCIB has completed a RM113mil disposal of its manufacturing subsidiary SCM, allowing the group to concentrate on its construction and EPCC business. The company will reassess its capital plans and has appointed Ben Huang Vui Bing as chief operating officer.

By Marcus Tan · 22 May 2026 · 1 min read

Telecom Italia Completes Savings Share Conversion Ahead of Poste Italiane Takeover

Telecom Italia has finished converting its higher-yielding savings shares into standard equity, eliminating a long-standing cost burden for the Italian telecoms group ahead of its acquisition by state-backed Poste Italiane.

By Sarah Chen · 21 May 2026 · 1 min read