Case Update: High Court Finds that Listed Companies Cannot Apply for Judicial Management

The High Court in the judicial management application of Re Scomi Group Bhd decided that public listed companies cannot apply for judicial management. Hence, Scomi Group Bhd’s judicial management application was dismissed.

I have only had sight of the brief grounds of decision and will only make some short points below. I may write a more detailed case update if the full grounds of judgment are issued.

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