Scomi Engineering Bhd today clarified that any proposals involving equity stake in its rail division are still in the preliminary and exploratory stages.

The company today issued the statement to Bursa Malaysia in response to news reports saying that the firms from China were keen on Scomi's rail operation.

"The company wishes to clarify that it continuously explores opportunities for the growth of businesses within its group, including its rail division.

"We will make the appropriate announcement to Bursa Malaysia in accordance with the Main Market Listing Requirements," it added.

Scomi Engineering's shares rose 10.5 sen to 42 sen with 5.49 million shares traded as at 2.09pm.

- Bernama