MY Dealbook: IJM to cut Scomi stake; Tomei sells holding in WCL; Wah Seong divests WRG interest

MY Dealbook: IJM to cut Scomi stake; Tomei sells holding in WCL; Wah Seong divests WRG interest

Visual from the company website

Malaysian companies have been busy with a string of stake disposals. In IJM Corp’s case, it is looking at options for its stake in Scomi, while Tomei and Wah Seong have announced stake sales to raise working capital and expand the business, respectively.

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