(EnergyAsia, October 17, Wednesday) — The South Australian state government has announced its intention to repeal the legislation which restricts any one shareholder from holding more than 15% of the shares of upstream company Santos.The government’s decision is subject to Parliamentary review and approval, followed by a transition period of 12 months before the shareholder…
AUSTRALIA: State govt lifts 15% shareholder cap on upstream company Santos
Posted on October 16, 2007 by EnergyAsia