Malaysia’s Ranhill Energy Sdn Bhd has proposed to acquire a 49% equity interest in Indonesia’s Ellipse Energy Jatirarangon Wahana Limited (EEJW), a company incorporated in Bermuda for RM25.118 million cash. According to a Bernama news report, the company, a wholly-owned subsidiary of listed Ranhill Berhad, will acquired the stake from Ellipse Energy Ltd (EEL). Ranhill…

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