Tuesday 2 November 2021

The story of Scomi is about to be told (PART 1) : Great Balls of Fire.

is the song from way back in 1958 which turned Jerry Lee Lewis from a mere star to a legend.

You shake my nerves and you rattle my brain
Too much love drives a man insane
You broke my will, but what a thrill

Goodness gracious, great balls of fire.

You don't have to take my word for it,  but in the weeks to come we shall see how SCOMI Group Bhd's continued exposure will potentially presents a CLEAR AND PRESENT DANGER.

  Continuing to put trust on SCOMI to provide the train sets for the monorail is 

a ripe recipe for DISASTER.

Consider this just last month,  the High Court via email said a FLAT NO  READ :  Scomi's application for a judical management.

To those who are not familiar with a judical management,  

allow me to spell it out for you :

Judicial Management is a temporary court-supervised rehabilitation plan introduced through the Companies Act 2016 to assist financially distressed companies by affording an opportunity to rehabilitate and restore itselves back to profitability.

NEXT WEEK : The Sell out and : The Old Man Down The Road